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 fund Two Sigma says rift poses material risk for the firm
NEW YORK (Reuters) – New York-based hedge fund Two Sigma Investments said in a regulatory filing that a rift between its top managers poses governance challenges and a material risk for the…
New China-focused hedge fund bucks trend to raise more than $100 million
By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million,…
Analysis-City distances itself from hedge fund boss Odey in tentative #MeToo shift
By Nell Mackenzie, Sinead Cruise and Naomi Rovnick LONDON (Reuters) – Big banks and investors quickly sought to distance themselves from Odey Asset Management after allegations of sexual misconduct by its founder,…
Brahman Capital shuts hedge fund as profits dry up – Bloomberg News
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning cash to its clients, Bloomberg News reported on Thursday, citing people familiar…
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest rates make…
Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter
By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors that bought shares of Meta Platforms Inc…
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in a bet that harsher economic times will…
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty outflows as…
Hedge funds bought financial stocks amid banking turmoil, says S&P
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, as they saw a buying opportunity at lower…
Hedge fund Pura Vida urges peace at Cutera board, pushes for new CEO search
By Svea Herbst-Bayliss NEW YORK (Reuters) -Investment firm Pura Vida is wading into a boardroom battle at global aesthetics device company Cutera Inc by warning warring directors on Tuesday it may push…
Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting…
New Jersey hedge fund, founder settle SEC charges over improper trades
By Chris Prentice NEW YORK (Reuters) – A New Jersey hedge fund and its founder have agreed to pay $19.3 million to settle charges by the U.S. Securities and Exchange Commission (SEC)…
Hedge funds retrench after getting pummeled during wild March
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) – March’s market turmoil has forced many macro and trend-following hedge funds to cut bait on bad portfolio bets and…
Hedge fund WorldQuant hires James Henderson from Squarepoint – sources
By Nell Mackenzie LONDON (Reuters) – Hedge fund WorldQuant has hired James Henderson as deputy general manager based in London, two sources with knowledge of the matter told Reuters on Wednesday. WorldQuant…
Hedge funds flee banks, lending-related stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds cut their exposure to U.S. banking stocks to a near 10-year record low and fled lending-sensitive shares amid the banking turmoil that…
Hedge funds whiplashed in wild March markets
By Summer Zhen, Nell Mackenzie and Yoruk Bahceli LONDON/HONG KONG (Reuters) – Trend-following and macro hedge funds have been badly wrong-footed in a week of wild market gyrations and are selling stocks…
Five trades from hedge funds to navigate US-China tensions
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Hedge funds are watching growing U.S.-Chinese geopolitical tensions and have spotted ways to trade them. U.S. authorities on Thursday told TikTok’s…
Hedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan
By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the highest levels of the past five years but the appetite for stocks…
Hedge funds put record wager on higher 2-year U.S. bond yield: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -Hedge funds entered February holding their biggest ever short position in two-year U.S. Treasuries futures. That’s what the most up-to-date Commodity Futures Trading Commission (CFTC) data…
Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a…
Former Bond Trader And Hedge Fund Founder Jeffrey Soberman Parket Pleads Guilty To $65 Million Ponzi Lending Scheme
Damian Williams, the United States Attorney for the Southern District of New York, and Daniel B. Brubaker, Inspector in Charge of the New York Division of the U.S. Postal Inspection Service (“USPIS”),…
Hedge fund manager Chris Hohn demands Airbus drop Atos deal – letter
By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Christopher Hohn has written to Airbus demanding it drop a deal to purchase a minority stake in French IT consulting firm Atos’ soon-to-be…
Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those trades in the first half of February as markets rallied, data from…
Pension schemes’ share of hedge fund investments hits lowest in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Investments by global pension schemes fell to the smallest proportion in five years of overall hedge fund assets at the end of last year, a Goldman…
‘Big Short’ manager Burry, Farallon among hedge funds making bets on China
By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets…
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