Latest News
Mitesh Parikh, a long-time macro investor at $12bn multi-manager hedge fund firm Schonfeld Strategic Advisors, has stepped away from running his trading book to focus on developing investment talent, according to a report by Business Insider.
Digital asset investment products saw their second consecutive week of inflows last week totaling $226m suggesting positive but cautious investor sentiment, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Bridgewater Associates, one of the world’s largest hedge funds, saw its assets under management (AUM) decline by 18.1% in 2024, falling to $92.1bn, according to a recent regulatory filing, as the firm deliberately reduced the size of its flagship fund, according to a report by Reuters.
Distressed debt specialist Redwood Capital and a group of rival hedge funds led by Cheyne Strategic Value Credit are embroiled in a high-stakes battle over the debt of Hunkemöller, one of Europe’s largest lingerie brands, according to a report by the Financial Times.
South Africa’s Amplify Investment Partners has expanded its hedge fund suite with the launch of two new retail investor-focused funds – the Amplify SCI Property Retail Hedge Fund, and the Amplify SCI Active Equity Retail Hedge Fund, according to a report by CityWire.
The Schroder UK Mid Cap Fund has announced a series of investor-friendly reforms after fending off an attempt by Boaz Weinstein’s Saba Capital to overhaul its structure, according to a report by This is Money.
Hedge funds offloaded technology stocks at the fastest pace in six months last week, with selling activity reaching a five-year high, according to a report by Reuters citing data from the prime brokerage division at Goldman Sachs.
Pimco, AllianceBernstein, and TCW Group have seized a buying opportunity in corporate bonds, stepping in after recent volatility forced multi-strategy hedge funds to unwind their positions in high-yield debt, according to a report by Bloomberg.
HSBC Asset Management (HSBC AM) has launched the the HSBC GH Luxembourg Fund, a new hedge fund of funds strategy designed for European investors looking to “tap into opportunities created by uncertain global markets”, according to a press statement.
South Korean regulator the Financial Services Commission (FSC) is set to lift its 17-month ban on short selling, a move that market participants believe will enhance liquidity, attract global hedge funds, and bolster the country’s case for an MSCI upgrade to developed market status, according to a report by Bloomberg.
