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Intel
Kodai Capital Management, an equity-focused hedge fund backed by Millennium Management, is returning capital to all of its investors having only recently opened to external capital, according to a report by Bloomberg citing unnamed sources familiar with the situation.
Intel
Activist hedge fund Elliott Management is turning up the pressure on BP, calling for a dramatic tightening of capital discipline and a sharper focus on free cash flow generation, as it raises its stake in the UK energy giant to over 5%, according to a report by the Financial Times.
Intel
Hedge funds pared back their exposure to the ‘Magnificent Seven’ tech megacaps to the lowest level in two years last week, signalling a sharp tactical retreat ahead of a high-stakes earnings season, according to a report by Reuters citing a client note from Morgan Stanley.
Intel
A growing number of hedge funds have trimmed their dollar positions this week, after National Economic Council Director Kevin Hassett said on Friday that Donald Trump is studying whether he’s able to fire Fed Chairman Jerome Powell, according to reports by Bloomberg.
Intel
Assets under management at Man Group, the world’s largest listed hedge fund, fell by $5.6bn (£4.2bn) in the first two weeks of April to $167bn, as market volatility hit the asset manager’s strategies, according to a report by City AM.
Intel
Elliott Investment Management has taken a significant activist position in Hewlett Packard Enterprise (HPE), amassing a stake valued at over $1.5bn and making the $70bn hedge fund one of HPE’s largest shareholders, according to a report by Reuters.
Event
Ahead of our Funds of the Future Summit, Hedgeweek spoke with Timothee Consigny (pictured) about his role as CTO at H2O Asset Management. In the conversation, Consigny shared insights into the evolving AI landscape, real-world use cases, and his advice for fellow hedge fund managers. He’ll be speaking at the summit during The Smart Stack: Levelling the Field with AI and Data workshop, where he’ll explore how emerging hedge funds can leverage AI, data analytics, and advanced technology to compete with established players, streamline operations, and scale efficiently.
Intel
Quant-driven hedge fund Qube Research & Technologies has disclosed a $105m short position in Trump Media & Technology Group, the parent company of Truth Social, according to a report by Reuters, citing a regulatory filing with Germany’s federal gazette, Bundesanzeiger.
Intel
Hedge funds and asset managers are piling into bullish yen positions at a record pace, as renewed US tariffs under President Donald Trump spark a flight to safe-haven assets and cast doubt over the Bank of Japan’s tightening trajectory, according to data from the Commodity Futures Trading Commission.
Intel
Global long-short equity hedge funds underperformed sharply during the recent US stock market surge but showed resilience as markets turned volatile again, according to a report by Reuters citing prime brokerage data from Morgan Stanley and Goldman Sachs.
