Latest News
Affiliated Managers Group has taken a minority stake in Verition Fund Management, one of the hedge fund industry’s fastest-growing multi-strategy managers, according to a report by Bloomberg citing an internal statement confirming a ‘definitive agreement’ between the two firms.
A growing number of hedge funds have trimmed their dollar positions this week, after National Economic Council Director Kevin Hassett said on Friday that Donald Trump is studying whether he’s able to fire Fed Chairman Jerome Powell, according to reports by Bloomberg.
Trump Media & Technology Group (TMTG), the media company behind Truth Social and majority-owned by Donald Trump, has called on the US Securities and Exchange Commission (SEC) to investigate what it alleges may be “suspicious” short selling activity in its stock, according to reports.
Increasing numbers of institutional investors and wealth managers expect growth in tokenisation, with its ability to facilitate liquidity being seen as the most attractive benefit, according to a new research by digital assets hedge fund manager Nickel Digital Asset Management.
Greenlight Capital delivered a strong 8.2% return in Q1 2025, significantly outperforming the broader hedge fund universe and the S&P 500, driven largely by a concentrated bet on gold, according to a report by Reuters citing founder David Einhorn’s latest investor letter.
Activist hedge fund Engine Capital has officially launched a proxy battle at ride-hailing firm Lyft, nominating two independent candidates to the company’s board in an effort to push for governance reform and improved shareholder returns, according to a report by Reuters.
Whale Rock Capital Management posted a sharp 20% loss in the first quarter of 2025, as renewed trade tensions under the Trump administration sparked a rout in public equities — with tech and growth names hit particularly hard, according to a report by Bloomberg.
Ninepoint Partners LP one of Canada’s leading hedge fund firms with over CAD7bn in AUM, has added Samarjit (Sam) Mitter to its investment team as Senior Portfolio Manager, beginning May 2025.
Unlimited has launched the Unlimited HFGM Global Macro ETF, a new actively managed exchange-traded fund offering exposure to global macro hedge fund-style strategies in a tax-efficient and low-cost structure.
Hedge fund giant Millennium Management has hired Vaibhava Goel, a longtime AI researcher and IBM Watson veteran, as its new Head of Machine Learning Research, in a move that underscores the firm’s commitment to advancing its AI capabilities, according to a report by eFinancial Careers.
