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Some of the world’s largest hedge funds, including Ken Griffin’s Citadel and Izzy Englander’s Millennium, suffered losses in February as geopolitical uncertainty and shifting trade policies rattled markets, according to a report by Business Insider.
A growing number of investors, including hedge fund Mount Lucas Management, are increasingly positioning themselves against the US dollar as concerns mount over a cooling US economy and the potential fallout from a trade war, according to a report by the Straits Times.
Nicholas Maounis may have overseen one of the biggest hedge fund blow-ups ever, but nearly two decades after the downfall of Amaranth Advisors, his latest venture, Verition Fund Management, has grown rapidly from just $1bn in 2019 to almost $12bn, according to a report by the Wall Street Journal.
Both the MFA and AIMA — representing some of the world’s top hedge funds — have hit back against plans by global regulators to restrict the use of borrowing to finance trades, which the investors say has been wrongly blamed for recent market wobbles, according to a report by the Financial Times.
Singapore-based hedge fund Kings Court Capital, which delivered an impressive 33% return last year, is making a big bet on Suzuki Motor Corp, citing the Japanese automaker’s strong India strategy as a shield against global trade risks, according to a report by Bloomberg.
Commodity trading advisors, hedge funds specialising in trend-following strategies, are facing increased competition from major asset managers as BlackRock, Fidelity, and Invesco move into the space with new managed futures ETFs, according to a report by Bloomberg.
Hedge funds have ramped up their bearish positions, selling more stocks than they bought by the largest margin in a year, according to a report Reuters citing data from Goldman Sachs covering the period from 21-27 February.
Sylebra Capital, the Tiger Grandcub hedge fund led by Dan Gibson, has suffered a sharp downturn following an impressive 27.2% gain by April 2024, to finish the year with only a 7.8% gain in its main fund, Sylebra Bell, according to a report by Institutional Investor.
Alex Abagian, former co-head of Asia Pacific equity capital markets at Morgan Stanley, is set to join hedge fund Ghisallo Capital Management taking on a senior role in the firm’s APAC team, according to a report by Bloomberg.
Permutable AI has launched Market 360, an advanced market sentiment visualisation tool designed to provide hedge funds, institutional traders and other asset managers with a real-time, 360-degree view of commodity and FX markets.
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