Latest News
Macro hedge funds operating in China, including Bridgewater Associates, posted significant losses in March as heightened geopolitical tensions and sharp swings across asset classes undermined performance, with some of the country’s most prominent strategies experiencing double-digit drawdowns, according to a report by Bloomberg.
Renowned short seller Carson Block, founder of Muddy Waters Capital, believes that artificial intelligence could trigger a period of market and economic disruption that may ultimately exceed the fallout from the 2008–09 global financial crisis, according to a report by the Financial Times.
Law firm Choate has appointed Jonathan Danziger as a partner in the firm’s Fund Formation and Investment Management practice. Danzinger is a strategic adviser to some of the largest and most established hedge funds as well as emerging managers.
BlackRock’s hedge fund investment team is encouraging allocators to broaden their exposure across a wider range of hedge fund strategies, arguing that rising macro uncertainty, rapid AI-driven shifts, and geopolitical tensions are increasing the pace and dispersion of market moves, according to a report by Bloomberg.
Hedge fund performance declined in March, according to SS&C Technologies, with the SS&C GlobeOp Hedge Fund Performance Index recording a 1.79% fall for the month, while the firm’s Capital Movement Index showed a modest 0.26% increase in hedge fund flows in April.
Quantitative hedge fund Meridian & Saturn Capital (MS Capital) has secured a $1bn mandate to invest in Chinese equities, highlighting increasing institutional interest in systematic strategies focused on the world’s second-largest market, according to a report by Bloomberg.
Hedge fund manager David Einhorn has said his firm Greenlight Capital is prioritising capital preservation as markets rally on easing geopolitical tensions, warning that investors may be overlooking downside risks, according to a report by CNBC.
Citadel CEO Ken Griffin has warned that the global economy could tip into recession if the Strait of Hormuz remains effectively closed for an extended period, highlighting the scale of macroeconomic risk stemming from ongoing Middle East tensions.
Toronto-based hedge fund firm Waratah Capital Advisors has called for the removal of three directors at Lithium Ionic, as regulatory proceedings in Ontario cast a shadow over the company’s governance, according to a report by Bloomberg.
Perpetuals.com Ltd has signed a services agreement with Younet AI to license an on-premises artificial intelligence system designed for use by hedge funds, proprietary trading firms, and digital asset managers, according to a report by Investing.com.
