Latest News
A Goldman Sachs client note has revealed that the world’s five largest hedge fund firms, have doubled the size of their holdings in US stocks through leverage and trading positions since 2014, according to a report by Reuters.
Ken Griffin, founder of CDEO of US multi-strategy major Citadel, has expressed doubts over the longevity of the recent stock market rally and has also said he is concerned about the country’s current fiscal situation, according to a report by Reuters.
It may be almost a year since Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, ‘retired’ and stepped away from the day-to-day running of the business, but his presence still looms large over the firm, according to a report by the New York Times.
Point72 Asset Management, the $30.6bn US hedge fund firm founded by Steve Cohen, has boosted its credit capabilities with the appointment of a credit specialist from rival firm Third Point, according to a report by Reuters.
Alma Capital has partnered with Hong Kong-based hedge fund firm Prudence Asset Management to launch a liquid, UCITS-compliant version of the firm’s flagship long-short Asia credit strategy on its Luxembourg platform.
Goldenwise Capital Group, a China-based hedge fund firm founded by Huakun Ding, has set its sights on New York-listed Human Resources firm GEE Group Inc, as the first target in a new activist push, according to a report by Bloomberg.
Brevan Howard Asset Management is targeting “disproportionate returns” from digital assets, having predicted a boom in the space similar to that seen with the internet over the past 20 years, according to a report from Bloomberg.
New York hedge fund Tenor Capital Management is in line for a big payout from a bet on a gold mining company expropriated by the Venezuelan government before ever breaking ground and is now set for a $1.4bn settlement, according to a report by Bloomberg.
Palm Lane Capital, a London-based alternative credit quant fund run by Chief Investment Officer Fahad Roumani, has added Joseph Eeley, a portfolio manager at Eisler Capital, to its growing team, according to a report by eFinancial careers.
Walleye Capital, a US multi-strategy hedge fund firm with $5bn in assets under management, has made several new hires as it looks to boost its energy trading capabilities and support plans for a new office Dubai, according to a report by Bloomberg.
