Forward Features Calendar

Andurand fund cuts 2025 losses to 40% on metals rally

Pierre Andurand’s Andurand Commodities Discretionary Enhanced hedge fund pared a mid-year loss of around 60% to finish 2025 down 40%, driven by bullish positions in copper, silver, gold, tin, and carbon permits, according to a report by Bloomberg.

EWIT seeks FCA protection amid Saba Capital battle

Edinburgh Worldwide Investment Trust (EWIT) has formally called on the UK’s Financial Conduct Authority (FCA) for intervention as tensions escalate with New York-based activist hedge fund Saba Capital Management, according to a report by The Times.

Balyasny PM leaves to rejoin Cinctive Capital

Balyasny Asset Management portfolio manager Allen Zhang has left the firm after a year to return to Cinctive Capital, where he previously spent two years as a Portfolio Manager, according to a report by Financial News London.

Hedge funds reap gains as Venezuelan bonds surge amid political upheaval

Hedge funds holding Venezuelan sovereign and state oil company debt – including Broad Reach and Winterbrook Capital – have recorded sharp gains after the country’s defaulted bonds surged following the US-led apprehension of President Nicolás Maduro, according to a report

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