Latest News
The rapid expansion of multi-strategy hedge funds is at an end, according to Ken Griffin, founder of Citadel, who, in an interview with Bloomberg News after speaking at the Oxford union this week, said: “That chapter has come and gone.”
Turkey’s lira weakened on Monday as state banks scaled back efforts to defend the currency, prompting hedge funds and other traders to unwind carry trades, according to a report by Bloomberg citing sources familiar with the matter.
Syz Capital, the $1.8bn alternatives investment arm of the family owned Syz Group, has appointed Ursula Nitschke as its new Head of Business Development and Investor Relations, with responsibility for capital raising and communications.
Polymer Capital Management has brought on Chiga Murayama, a senior portfolio manager previously with BlueCrest Capital Management, following his departure after market turbulence in August caused significant losses among yen rates traders, according to a report by Bloomberg.
CVS Health is adding four new members to its board of directors, including Larry Robbins, CEO of Glenview Capital Management—the hedge fund firm which has been pushing for changes at the healthcare giant after acquiring a significant stake in the business.
Digital asset inflows reached $2.2bn last week, bringing year-to-date inflows to a record-breaking $33.5bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Billionaire hedge fund manager Ken Griffin has voiced apprehensions about Donald Trump’s approach to tariffs, labelling them a “slippery slope” with potentially harmful long-term consequences for US businesses, according to a report by Bloomberg.
Several prominent hedge funds with ties to the Tiger Management legacy, including Discovery Capital Management, made significant new investments during the third quarter, according to a report by Institutional Investor citing analysis of their recently filed 13F regulatory disclosures.
Activist hedge fund Jana Partners has significantly restructured its portfolio, slashing its stake in Frontier Communications by 59% and fully exiting its positions in QuidelOrtho and BlackLine Systems, according to a report by Reuters.
The Arini Credit Master Fund jumped 23.4% through the end of October benefiting from bets against European manufacturers facing US and China headwinds, Reuters reports, citing an unnamed source and a September investor letter.
