Latest News
Digital asset investment product flows slowed last week with relatively minor outflows totalling $11.2m taking total outflows over the past seven weeks to $342m, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Managers up short bets as US stock market stalls
Exposure to Magnificent Seven hits record level
Bei blames foreign funds for China’s stock market rout
By Mark Kitchen
Head of Intelligence, Hedgeweek
August has a reputation as being something of a tough month for equities markets when lower trading volumes as traders and investors go on holiday, coupled with profit taking ahead of the traditional dog days of September, combine to constrain gains, and this year was no exception as both the S&P 500 and Nasdaq-100 Indices posted their first monthly declines since February.
Long-short hedge fund managers were seemingly
Macfarlanes has appointed Peter Chapman as a partner in the firm’s investment management group. Chapman, who joins from Sidley Austin, advises private fund sponsors across a range of asset classes including private credit, private equity, growth capital, venture capital and hedge funds.Â
Hedge funds have cut their short wagers against US regional banks and a have now adopted a more bullish stance on the US financial sectors on the whole, just as banking stocks have begun to rise, according to a report by Reuters.
The Alternative Investment Management Association (AIMA), and Managed Funds Association MFA, along with four other industry bodies, have filed a law suit challenging the adoption of the new Private Funds Advisor Rules by the US Securities & Exchange Commission (SEC).
Rob Shafir, a former Chief Executive officer at Sculptor Capital Management, and one of the hedge fund firm’s largest shareholders, is opposed to its proposed sale to Rithm Capital because he views a rival bid as more attractive, according to a report by Bloomberg.
The emergence of radical rightwing candidate Javier Milei as a serious contender to win next month’s presidential election in Argentina, has prompted hedge funds to up their wagers against the country’s bonds, according to a report by The Financial Times.
The prospect of markets remaining bumpy and interest rates at elevated levels for longer than expected, has spiked investor interest in hedge funds, according to a report by MarketWatch, citing Jack Springate, co-head of the hedge-fund business within the external investing group at Goldman Sachs Asset Management.
John Bennett, director of European equities at Janus Henderson, has announced that he will retire form the company in a year’s time to focus on running Glasgow Rangers FC, as chairman of the board of the club he has supported since childhood, according to a report by FT Advisor.
Multi-strategy major Millennium Management has made a big bet against América Móvil with the fund building a $320m short position in Mexican billionaire Carlos Slim’s telecoms empire amid a sharp fall in the value of the as the company’s shares, according to a report by The Financial Times.
