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Intel
Saba Capital Management, the hedge fund firm founded by Boaz Weinstein, has seen its flagship hedge fund rack up losses of 7.7% so far this year after bearish bets backfired amid the recent stock market rally, according to a report by The Financial Times.
Intel
Viking Global Investors, US-based hedge fund founded by ‘Tiger Cub’ Ole Andreas Halvorsen in 1999, has reopened its flagship long/short hedge fund to new capital after being closed for over a decade, according to a report by Reuters.
Insights Report
In a year beset by spiralling costs, outsourcing is once again in the spotlight. Hedgeweek’s latest research report – Supporting innovation: the forces driving a new wave of outsourcing, in partnership with SS&C Technologies – analyses uptake and the key trends.
Intel
Hedge funds extended their June performance surge through July, again led by technology, AI and growth, with gains in these areas complemented by shareholder activist, financials and commodity sub-strategies, according to data from HFR.
Intel
The rollercoaster ride at Haidar Capital Management continued in July with the firm’s flagship macro hedge fund, the Haidar Jupiter Fund, raking up a loss of 14% over the month, partly reversing its 27% surge in June, according to a report by Bloomberg.
Intel
Citadel has continued investing in its energy trading business with the appointment of Patrick Reichert from Morgan Stanley as Head of Structuring and Portfolio Optimisation in the energy marketing business, according to a report by eFinancial Careers.
Insights Report
An awkward first six months to 2023 for many hedge funds led to talk of investor disappointment and minimal alpha, since tempered by some stronger numbers towards half-end. Hedgeweek’s ‘Hedge funds in H1’ report offers a data-led snapshot of the industry at the year’s halfway mark.
Insight Report
Hedgeweek’s latest Insight report provides data and content around investors’ allocation plans amid predictions of a worsening economic outlook.
Intel
Man Group, the world’s largest listed hedge fund manager, saw its assets under management hit a record high of $151.7bn in the first half of 2023, surpassing analysts expectations, according to the company’s half-year results for the six months ended 30 June 2023.
Intel
The risk profile of Crispin Odey’s flagship hedge fund has been lowered by Freddie Neave after he took over its management in June following allegations of sexual misconduct against the Odey Asset Management founder, according to a report by Reuters.
