Nikki Haley is on a losing streak, but donors still see her as a hedge against Trump
By Alexandra Ulmer and Gram Slattery (Reuters) – Nikki Haley finished a disappointing third in the Iowa Republican nominating contest and a distant second in New Hampshire, while in Nevada – where…
Hedge funds lap up China stocks at fastest pace in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a…
Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says
NEW YORK (Reuters) – Hedge funds bought more U.S. stocks than they sold last week for the first time in ten weeks, adding $554 million to their portfolios, Bank of America said…
Hedge funds U-Turn on tech; sell everything else – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds turned positive on U.S. technology stocks, piling into the sector in the week ending Jan. 18 at the fastest pace in two months,…
Top global hedge funds tripled gains for clients in 2023, LCH finds
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – The world’s 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple what they returned in 2022, with activist…
Hedge fund shorts on banks and financials reach 4-month peak- Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds kicked off the largest net selling of U.S. financial stocks in 16 weeks just as earning season started in the week ending Jan.…
Hedge fund ValueAct Capital gained 39% in 2023 -investor
By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital, which has pushed for changes at companies ranging from Salesforce to Microsoft, returned 39% last year, an investor familiar with the numbers said…
Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment said on Wednesday. Investors removed an estimated…
Ackman’s hedge fund Pershing Square gains 26.7% in 2023 – investor update
NEW YORK (Reuters) -Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader stock market gains and bouncing back from a loss in the previous…
D.E. Shaw’s biggest hedge fund up about 10% in 2023 – source
By Nell Mackenzie LONDON (Reuters) – D.E. Shaw’s largest hedge fund posted a nearly 10% return in 2023 after fees, after a mixed performance across multi strategy and macroeconomic hedge funds navigating…
Hedge funds seek double-digit returns in 2024 after year of outflows
By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) – A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they…
Hedge funds in hindsight: four graphs that tell the story of 2023
By Nell Mackenzie LONDON (Reuters) – Wild market swings this year caught out many global hedge funds and those trading on macro economic events felt the pain of an unexpected rebound in…
Crypto, insurance-linked and trend hedge funds most popular – Preqin
By Nell Mackenzie LONDON (Reuters) – Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 2023, according to…
Hedge funds went on stock-buying spree ahead of job data -Morgan Stanley
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds went on a stock-buying spree just ahead of a U.S. jobs report that drove the S&P 500 and Nasdaq to their highest…
Hedge funds have lowest exposure to financials since March 2020 -Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds sold financial stocks for a 10th week running in the week ending Dec. 8 and now have the lowest exposure to the sector…
Hedge funds sold stocks last week, led by financials and staples
NEW YORK (Reuters) – Global hedge funds sold more than bought equities for a third consecutive week last week, dumping shares mainly in consumer staples and financials, a BofA Securities note about…
Trend hedge funds start holiday season by buying stocks, JPMorgan says
By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds began December in bullish mood, buying U.S., European and Japan stocks, a prime brokerage note from JPMorgan said. The S&P 500 and Japan’s…
Goldman: Hedge and mutual funds favour banking and healthcare over tech
By Naomi Rovnick and Nell Mackenzie LONDON (Reuters) – Leading hedge funds and mutual funds are betting on gains outside the tech sector in coming months, Goldman Sachs research shows. The ten…
Global hedge funds further offloaded Chinese stocks in Nov
By Summer Zhen HONG KONG (Reuters) – China and broader emerging Asia market stocks were among the most net sold regions by global hedge funds in November, Goldman Sachs said, as fund…
How hedge funds view the fate of king dollar
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies…
Hedge funds suffer net $7.6 billion outflows in October – eVestment
By Nell Mackenzie LONDON (Reuters) – Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly from low performing stock pickers as many of these funds failed to…
Hedge funds dump healthcare stocks, buy small caps – BofA
By Carolina Mandl NEW YORK (Reuters) – Hedge funds cut their exposure in equities, mainly in healthcare, while adding a bit of small-cap stocks to their portfolios last week, according to a…
‘Magnificent 7’ bets drive hedge fund crowding to record high -Goldman Sachs
By Bansari Mayur Kamdar and Nell Mackenzie LONDON (Reuters) – Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the “Magnificent 7” tech stocks…
Hedge funds ghost tech stocks and sell consumer staples – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds ditched technology stocks by selling long positions and exiting short bets at the fastest weekly pace in seven months, Goldman Sachs said on…
Hedge Funds Betting Against Flailing Wind Energy Sector, Bad News for Governor Murphy
TRENTON, NJ – The Orsted wind energy debacle in New Jersey is bad for green energy Governor Phil Murphy, but hedge fund operators are making money on the industry’s failures. A report…
Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked…
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