Hedge funds have increased their exposure to US healthcare stocks to near the highest level in five years, according to a report by Reuters citing a recent note from the prime brokerage division at Goldman Sachs.
Hedge funds linked to Liang Wenfeng, the billionaire founder of DeepSeek, emerged among the biggest beneficiaries of the record-breaking initial public offering of Chinese memory chipmaker CXMT according to a report by Bloomberg.
Former portfolio managers from Citadel are attracting increasing amounts of capital from some of the hedge fund industry’s largest multi-manager firms, highlighting the growing importance of external investment programmes, according to a report by Business Insider.
Brevan Howard has seen several senior departures from its commodities investment business over the past year, as experienced portfolio managers and strategists have moved to rival firms, according to a report by eFinancial Careers.
In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Edoardo Rulli, Head of Hedge Funds, Unified Global Alternatives, UBS.
Viking Global Investors has acknowledged that its cautious approach to artificial intelligence-related stocks cost it performance in the first half of the year, even as the hedge fund continues to resist chasing companies trading at what it considers excessive valuations,
Oil prices fell sharply and government bonds rallied on Monday as a pause in military action between the US and Iran eased fears of further escalation in the Middle East, prompting a broad recovery across risk assets, according to a
Meridiem Capital Partners, the equities-focused hedge fund founded by former Citadel portfolio manager Khalid Malik, has rebuilt its assets to around $1.6bn after losing a $1.5bn investment from Millennium Management more than two years ago, according to a report by
Activist hedge fund Donerail and private investment major Blackstone are among the investment firms competing in the final round of bidding for US yacht retailer MarineMax, according to a report by Reuters citing unnamed people familiar with the matter.
A former senior executive east Davidson Kempner Capital Management has alleged that HM Revenue & Customs challenged arrangements used by the hedge fund to reduce partners’ tax liabilities, according to a report by Bloomberg.
