Emerging markets could enter a “virtuous feedback loop” as economic conditions increasingly converge with developed economies, even as escalating conflict in the Middle East unsettles global investors, according to DoubleLine Capital.
Hedge fund SummitTX Capital, managing over $3bn in assets, has signed an 11-year lease for the entire 19th floor of 560 Lexington Avenue in New York City, which comprises 17,778 sq ft, a big increase from it’s current 7,000 sq
Jain Global, the hedge fund founded by Bobby Jain, former co-CIO at Millennium, has added a new portfolio manager to its London team – Zhichao Cai, previously a quantitative researcher at Eisler Capital – according to a report by eFinancial
Digital asset products saw $1.0bn in inflows, breaking a five-week $4.0bn outflow streak, with sentiment supported by price weakness, technical resets, and renewed whale accumulation, according to data from CoinShares.
Hedge funds may soon deploy fleets of artificial intelligence agents to dramatically expand research capacity and stock coverage, according to a report by Bloomberg citing Divya Nettimi, founder of New York-based hedge fund Avala Global.
Activist hedge fund Elliott Investment Management is set to invest a further $1bn in Pinterest, strengthening its position as the company’s largest shareholder and endorsing a newly announced $3.5bn share repurchase programme, according to a report by Reuters.
Leading hedge funds including Brevan Howard, Marshall Wace and TCI Fund Management have instructed staff in Abu Dhabi to work from home as regional security risks escalate amid US-Israeli attacks on Iran, according to a report by Financial News London
In Alternative Views, Hedgeweek® goes behind closed doors with those in the know to get the latest on hedge funds. In this episode we speak to Marton Peter Price, co-founder of EverestQuant, a quantitative hedge fund which applies scientific research
Former Macquarie Group Ltd quant hedge fund chief Nick Bird is preparing to launch a Europe-focused strategy at his OQ Funds Management firm, as assets under management surpass $1bn, according to a report by Bloomberg.
Hedge funds are re-evaluating their positions in emerging markets following US and Israeli strikes on Iran, which have rattled equities and currencies across developing economies, according to a report by the Financial Times.
