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Market intelligence firm Permutable has launched a new specialist liquefied natural gas (LNG) sentiment data feed, expanding its Trading Co-Pilot suite provision of alt data for energy market participants, including hedge funds and institutional traders.
Hedge funds, including ex-Credit Suisse star trader Hamza Lemssouguer’s Arini, are making a push into the $1.3tn US collateralised loan obligation (CLO) market, unveiling debut vehicles and stepping up competition for scarce leveraged loan supply, according to a report by Bloomberg.
Hedge funds ramped up bullish positions on Brent crude last week to their highest level in over a month, as a temporary easing of US-China trade tensions renewed investor optimism across the commodity complex, according to a report by Bloomberg.
Hedge fund allocations are rising as institutional investors seek to navigate growing macroeconomic and geopolitical risks, according to the latest Manager Intelligence and Market Trends report from global investment consultancy bfinance.
Standard Chartered has launched a dedicated global financial sponsors team focused on hedge funds, private equity firms, and sovereign wealth funds, marking a strategic expansion of its investment banking franchise and a push to deepen ties with alternative asset managers, according to a report by Reuters.
Phillips 66 has agreed to divest a majority stake in its German and Austrian fuel retail operations in a $2.8bn transaction, a strategic move that comes amid intensifying pressure from activist hedge fund Elliott Investment Management, according to a report by Reuters.
Daniel Loeb’s hedge fund Third Point has disclosed significant positions in US Steel and Kenvue, signalling potential activist interest in two companies currently under strategic and regulatory pressure, according to a report by Reuters.
Speaking at the Sohn Investment Conference in New York, Discovery Capital founder and macro hedge fund manager Rob Citrone highlighted Mexico’s America Movil as his top stock choice, citing the company’s broad exposure across Latin America, according to a report by Reuters.
In a significant portfolio overhaul during Q1, Michael ‘Big Short’ Burry’s Scion Asset Management almost liquidated its entire listed equity holdings while simultaneously increasing bearish wagers on Nvidia and key Chinese technology stocks, according a report by Bloomberg.
TOP STORY: Brazilian hedge funds, notched their strongest monthly performance in nearly two decades in April, as falling interest rates fuelled outsized gains with the Anbima Hedge Fund Index surging by 4% over the month, according to a report by Bloomberg.
