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…
Asian hedge funds see waning demand in the first half -data
By Summer Zhen HONG KONG (Reuters) – Money continued to flow out of Asian hedge funds in the first half of 2023 as a disappointing China recovery and resilient stock markets outside…
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman Sachs said…
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK (Reuters) – Basswood Capital, Adage Capital Partners and Paul Tudor Jones’ Tudor Investment Corp were among the hedge funds that took new positions in real estate investment…
Hedge fund Viking reopens flagship fund after decade -sources
By Carolina Mandl NEW YORK (Reuters) -U.S.-based Viking Global Investors has reopened its flagship long/short hedge fund for new capital having closed it more than a decade ago, according to three people…
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON (Reuters) – Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and will almost certainly rise further if record Atlantic Ocean heat draws a…
AI mania, financials and energy stocks boost hedge fund gains
NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data provider HFR said on Monday. Equity strategies…
Hedge funds turn bearish again as yields spike
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States’ credit rating was downgraded,…
Hedge fund investors hunt credit, equity portfolios
NEW YORK (Reuters) – Big investors, such as pension funds and insurance companies, are willing to increase their allocation to credit and equity hedge funds through the rest of this year, according…
Lincoln National’s CRE exposure targeted by two hedge funds
By Carolina Mandl NEW YORK (Reuters) – Two hedge funds have placed bets that bonds issued by life insurance company Lincoln National Corp will fall or that its default risk will increase,…
European credit hedge funds top investor most-wanted list- Barclays
By Nell Mackenzie LONDON (Reuters) – European credit hedge funds topped a most-wanted list of global hedge fund strategies in the second half of this year, according to a report by Barclays…
Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman
By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their fastest pace since October 2022, Goldman Sachs…
Drugmaker Mallinckrodt in talks with hedge funds to avoid opioid settlements – WSJ
(Reuters) – Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids, the Wall Street Journal reported on Wednesday. Shares of…
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end of cheap financing have caught the eye of hedge funds. U.S. and…
Rithm Capital to acquire hedge fund Sculptor for $639 million
NEW YORK (Reuters) – Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management for $639 million, the companies said in a statement on Monday. Rithm will pay…
Hedge fund industry lures $3.6 billion in fresh money in Q2 – HFR
NEW YORK (Reuters) – Investors poured $3.6 billion in fresh money into global hedge funds in the second quarter, data provider HFR said on Friday, helping drive the industry’s assets up. In…
European Union agrees post-Brexit rules for hedge funds
By Nell Mackenzie LONDON (Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of hedge funds and other alternative investments, easing industry…
Global hedge funds ditch losing trades after failing to beat the MSCI – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since January and at one of the highest rates seen in the last…
Blackstone to invest $150 million in London-based hedge fund Astaris
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group LP is to invest $150 million in London-based Astaris Capital Management which will be split between the firm’s existing hedge fund and a…
Hedge funds rush to unwind bearish stock positions
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase and…
US retail investors add equities, while hedge funds trim exposure
By Carolina Mandl NEW YORK (Reuters) – Retail investors bought roughly $7 billion of equities last week, showing a near record appetite for shares since 2016, while U.S. hedge funds trimmed their…
Global hedge funds shine in June, driven by AI -HFR
NEW YORK (Reuters) – Global hedge funds posted gains of 2.2% in June, as artificial intelligence-related stocks surged and the banking crisis eased, data provider HFR said on Monday. In the first…
Hopes of political change, surging inflation lure hedge funds to Argentinian stocks
By Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given sky-high inflation,…
Hedge fund Verition joins rush to Dubai financial hub
By Hadeel Al Sayegh DUBAI (Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft of other hedge funds including BlueCrest which have expanded to the Gulf…
Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around…
Odey suspends flagship hedge fund after redemption pressure – Bloomberg News
(Reuters) -Odey Asset Management has suspended its flagship hedge fund after it was hit with redemption requests following the removal of founder Crispin Odey, Bloomberg News reported on Monday. The company received…
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