Bridgewater Associates’ flagship macro fund Pure Alpha delivered an 8.1% gain in the third quarter, outperforming the S&P 500 and other major US indexes, according to a report by Reuters citing an unnamed person familiar with the matter.
Hudson Bay Capital Management has secured the dismissal of a lawsuit brought by the former Bed Bath & Beyond Inc (Bed Bath), which alleged the multi-strategy hedge fund firm improperly profited from the retailer’s decline, according to a report by
European digital asset platform Melanion Digital has achieved a key regulatory milestone with its subsidiary Sigma Management Lux registering as an Alternative Investment Fund Manager (AIFM) under Luxembourg’s Article 3.2(a) “light” regime.
AQR Capital Management, the $165bn hedge fund led by Cliff Asness, reported strong gains across several of its strategies in Q3, including its flagship Apex Strategy which is now up 15.6% YTD, according to a report by Reuters citing an
Hedge fund managers including Epic Partners and K2 Asset Management are actively positioning to profit from Japan’s closely contested leadership race, with strategies spanning equity sales, yen trades, and selective risk reduction, according to a report by Bloomberg.
Hedge fund majors Citadel, Balyasny Asset Management, and ExodusPoint all continuing their positive year-to-date performance in September, but trailed broader US equity markets, according to a report by Businesse Insider citing unnamed sources familiar with the managers.
Activist hedge fund firm Irenic Capital Management, which holds a 2% shareholding in Workiva Inc, has outlined a series of recommendations aimed at reversing the software company’s recent share price underperformance and accelerating value creation.
Emerging markets hedge funds posted strong gains in Q3, driven by falling interest rate expectations, progress on trade negotiations, and optimism over near-term resolution of ongoing geopolitical conflicts, according to the latest data from HFR.
Global Payments has added two new directors – Patricia Watson and Archana Deskus – to its board following activist hedge fund Elliott Investment Management’s stake-building in the payments company, according to a report by Reuters.
European digital asset manager CoinShares is to acquire London-based Bastion Asset Management, a crypto-focused alternative investment manager regulated by the UK FCA in a move aimed at strengthening its actively managed capabilities.
