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Bearish hedge fund positions on US two-year and 10-year Treasury note futures have surged to record levels, according to a report by Reuters, citing data released by the Commodity Futures Treading Commission (CFTC).
Senator Investment Group, the long-short, event-driven hedge fund firm founded by Alexander Klabin and Douglas Silverman in 2008, has taken the last available space at Zero Irving, a new development at 124 East 14th Street in Union Square, New York, according to a report by Commercial Observer.
LoCorr Funds, a specialist in low-correlating alternative investments, has launched the new Hedged Core Fund, a ’40 Act investment vehicle which, according to a press statement, will ‘tap into the expertise of top-tier institutional money managers’.
AQR Capital Management, the quant investment firm co-founded by hedge fund veteran Cliff Asness, has raised approximately $350m for its newly launched Adaptive Equity Market Neutral UCITS Fund, which blends ESG principles with long-short market strategies, according to a report by Bloomberg.
Family offices are ramping up their investments in hedge funds, with allocations significantly increasing during the second quarter of 2024, according to a report by AlternativesWatch citing new analysis by Citi Private Bank.
Hedge funds, which have been heavily concentrated in the so-called “Magnificent Seven” tech stocks, are now gradually reducing their exposure to these high-flying companies, according to a report by the Financial Times citing analysis by Goldman Sachs.
Hedge funds are offloading stocks at their fastest pace in over two years, even as markets show signs of recovery, with US funds selling equities at levels not seen since Russia’s invasion of Ukraine in March 2022, according to a recent report from Goldman Sachs.
Millennium Management is undergoing significant changes in its energy trading division, with the departure of a senior fuels trader and several other traders, while a seasoned natural gas trader from Castleton Commodities is set to join the hedge fund, according to a report by Bloomberg.
Australia’s second-highest performing hedge fund, Tribeca Alpha Plus Fund, has capitalised on the increased volatility during earnings seasons, claiming that inadequate investment bank research has struggled to keep pace with rapidly changing industries, according to a report by Bloomberg.
Multi-strategy hedge fund major Balyasny Capital Management and New York-based quant SquarePoint Capital have both tapped the talent pool at Google DeepMind as they look to bolster their AI capabilities, according to a report by eFinancial Careers.
