Intelligence
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Rapid Read
Data has fundamentally altered the way the hedge fund industry trades and operates. There is an ever-growing use of quantitative strategies and two-thirds of hedge funds currently use data in their investment decision-making to manage portfolios and analyze portfolio risk. This Hedgeweek rapid read report, published in partnership with MSCI, explores how hedge funds use data.
Intel
Hedge funds are ramping up their bearish bets on European stocks, with a particular focus on financials, materials, energy, and industrial companies, according to a report by Bloomberg citing data from the prime brokerage unit at Goldman Sachs.
Intel
Hedge funds have ramped up bearish bets on US stocks at the fastest pace since 2020, reinforcing expectations of further market declines, according to a report by Reuters citing a client note from the prime brokerage division at Goldman Sachs.
Intel
Citadel’s flagship Wellington hedge fund has trimmed its losses following a turbulent start to March, recovering from a 2% drawdown to less than 1% down year-to-date, driven largely by a recovery in US equities, according to a report by Reuters.
Intel
Citadel, the multi-strategy hedge fund major led by Ken Griffin, has made one of its largest investments in the US natural gas market, agreeing to acquire assets from Paloma Natural Gas in a deal valued at approximately $1bn, according to a report by Bloomberg.
Insight
Edge Funds | Some strategies aren’t new, but what gives them an edge is how they are applied. Such is the case with Regents Gate Capital, co-founded by Joshua White (pictured), Yi-Sung Yen, and Dane Vrabac. By integrating artificial intelligence into a traditional market-neutral approach, they’ve created a unique investment proposition in an already crowded hedge fund landscape.
Intel
UBS Group AG is closing its outsourced trading desk, one of the largest such offerings on Wall Street, as it refocuses its global markets strategy. The bank has begun informing clients of the decision, giving them three months to find an alternative provider, according to a report by Bloomberg.
Intel
Hedge fund short sellers have amassed a potential $16.2bn in profits as Tesla’s stock price has plummeted by 50% over the past three months, according to a report by the Financial Times citing data released by S3 Partners.
Intel
Asset managers are ramping up bullish euro positions to a five-month high, while hedge funds are scaling back short bets, reflecting a significant shift in sentiment toward the European currency, according to a report by Bloomberg.
Intel
Asia-focused hedge funds have fared better than their US counterparts during the recent market downturn, benefiting from a relative outperformance in Chinese equities as global investors shift capital into the region, according to a report by Reuters.
