Hedge funds are unwinding bearish yen positions as expectations for further Bank of Japan tightening drive a sharp rally in the Japanese currency and put pressure on one of the market’s most established carry trades, according to a report by
Hedge funds and other investors have sharply reduced their bullish dollar positions as changing Federal Reserve rate expectations and a renewed yen rally weigh on the US currency, according to a report by Bloomberg.
Alternative investment specialist Tycho Capital has opened its first US office in West Palm Beach, Florida, as the research-led firm expands its coverage of the US hedge fund and alternatives market.
Multi-strategy hedge funds delivered generally subdued returns in August, with several of the industry’s largest managers posting flat or modestly negative performance after a volatile July, according to a report by BusinessInsider.
Singapore-based quantitative investment manager Goku Technologies has selected SS&C Technologies to provide fund administration services as it expands its AI-driven systematic trading business across Asian equity markets.
Citadel natural gas trader Chris Foster is stepping down from his trading role at Ken Griffin’s hedge fund after almost two decades, as renewed volatility across European energy markets creates a challenging backdrop for the firm’s commodities business, according to
Balyasny Asset Management is stepping up its investment in artificial intelligence talent with a new fellowship programme designed to place AI specialists directly alongside portfolio managers and trading teams, according to a report by eFinancial Careers.
Alternative asset manager Arini has strengthened its private credit capabilities with the appointment of Ben Kunstler as head of hybrid capital, as the firm expands its private capital offering, according to a report by Alternative Credit Investor.
AlphaQuest has asked a New York court to dismiss a lawsuit brought by an investor over the management and liquidation of the quantitative hedge fund, dismissing the case as an attempt by Dutch billionaire Wiet Pot to extract money to
September 2026| Concentration in the US has left much of the global market untouched. Now, as returns compress and relative value opportunities become more appealing, managers are looking in new directions – exploiting mispricings that the concentration created and generating
