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Hedge funds with significant exposure to US Treasury (UST) trades are seeking an exemption from the US Securities and Exchange Commission (SEC) that would enable them to clear repo trades through their own affiliated clearing entities, according to a report by Risk.net.
Hedge funds and money managers sharply reduced their bullish positions on natural gas last week, marking the steepest decline in a year, as unseasonably warm forecasts threaten to erode demand for the heating fuel, according top a report by Bloomberg.
Balyasny Asset Management has recruited Johnny Kang, a former Managing Director at Citadel, as a portfolio manager in its Greenwich, Connecticut office, marking another high-profile talent move between the two multi-strategy hedge funds, according top a report by eFinancial Careers.
Hedge funds are ramping up their bearish bets on European stocks, with a particular focus on financials, materials, energy, and industrial companies, according to a report by Bloomberg citing data from the prime brokerage unit at Goldman Sachs.
Joseph Oughourlian, the founder of activist hedge fund Amber Capital, is fighting to maintain control of Spain’s most influential media group, Promotora de Informaciones SA, as a coalition of pro-government Spanish investors seeks to push him out, according to a report by Bloomberg.
Cybersecurity firm Rapid7 is close to reaching a settlement with activist hedge fund firm Jana Partners, following discussions on strategies to enhance shareholder value, including operational improvements and a potential sale, according to a report by Reuters.
Hedge funds trading FX may soon find a familiar voice on the other end of the line with Robert Diehl, a seasoned FX trader with nearly three decades of experience across major banks, having taken on a broking role at Caventor Capital according to a report by eFinancial Careers.
Hedge fund Elliott Associates is exploring additional steps to take against the London Metal Exchange (LME) over the cancellation of nickel trades in March 2022, the firm confirmed on Monday, according to a report by Reuters.
Dubai is considering sweeping regulatory changes aimed at strengthening its position as a global hub for hedge funds, with the emirate’s financial watchdog reviewing key policies to reduce barriers for money managers, according to a report by Bloomberg.
Hedge funds and asset managers have turned bearish on the US dollar for the first time since Donald Trump’s election victory last year, marking a significant shift in market sentiment, according to report by Business Times.
