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 D. E. Shaw raises $1.1 billion for two private market funds
(Reuters) – Hedge fund D. E. Shaw Group said on Tuesday it had raised a total of $1.1 billion for two of its new funds focused on investing in private markets. Its…
Asia hedge funds post strongest month in January since 2016 – Goldman
By Summer Zhen HONG KONG (Reuters) – After seeing record outflows in 2022, Asia-focused hedge funds posted a 5.3% gain in a January rally to mark their best monthly performance in years,…
Global hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes posted to…
Hedge fund lobby group supports shareholder rights in Masimo case
By Svea Herbst-Bayliss NEW YORK (Reuters) – The hedge fund industry trade association MFA on Thursday backed an activist investment firm’s push to reverse “draconian” amendments to medical device company Masimo Corp’s…
Column-Wall St rip finds few fans at Miami hedge fund week: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – The mood at the annual ‘Miami hedge fund week’ gatherings this week was as bright as the winter sunshine, with one notable dark cloud on…
SEC asks big hedge funds for employee phone review – Bloomberg News
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees’ personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported on Thursday.…
Hedge fund Eisler Capital hires Damien Bombelli – sources
By Stefania Spezzati and Nell Mackenzie LONDON (Reuters) – Eisler Capital has recruited Damien Bombelli, whose background in commodities could help the hedge fund bolster a less profitable part of its business,…
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and regulatory policies in late 2022 while the stock market was tumbling and…
Crypto hedge funds ended 2022 down almost 50% – BarclayHedge data
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collapse…
Hedge fund manager Boaz Weinstein bets market is wrong on Credit Suisse
By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Boaz Weinstein doesn’t believe Credit Suisse will default on its debt but if it does, the derivatives trade he has on the bank…
Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets amid market…
Hedge fund fees fall to lowest level since 2008 financial crisis -HFR
By Nell Mackenzie LONDON (Reuters) – Hedge fund fees have dropped to their lowest level since the global financial crisis in 2008, research firm Hedge Fund Research (HFR) said on Friday, as…
Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT
Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT John Hugh DeMastri on January 5, 2023 Prominent crypto firm Genesis Global Trading — which had major ties to…
Biggest hedge funds will keep lion’s share of customers in 2023, data shows
By Nell Mackenzie (Reuters) – The top 5% of the world’s hedge fund managers are set to take 80-90% of investor inflows in 2023, according to new research from Agecroft Partners which…
D.E. Shaw’s biggest hedge fund up 24.7% in 2022
(Refiles to fix typos in paragraphs 2 and 4) NEW YORK (Reuters) -D.E. Shaw’s largest hedge fund gained 24.7% last year after fees, outperforming average gains for the industry in a high-volatility…
Hedge funds set to mark worst returns in 14 years
By Patturaja Murugaboopathy and Summer Zhen (Reuters) – Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive U.S. interest rate rises hit asset prices…
Hedge fund Citadel expects to return $7 billion in profits to clients – source
By Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January after a stellar performance this year, a…
Asia’s stockpickers struggle in vintage year for big picture hedge funds
By Summer Zhen and Xie Yu HONG KONG (Reuters) – Asia’s hedge funds are heading for their worst showing in a dozen years, with long-short stockpickers wrongfooted by volatility in China, while…
Hedge Fund Billionaire Sues The IRS Over Leaked Tax Records
Hedge Fund Billionaire Sues The IRS Over Leaked Tax Records Trevor Schakohl on December 13, 2022 Investment firm Citadel’s CEO Kenneth Griffin filed a legal complaint against the Internal Revenue Service (IRS)…
Asia’s hedge fund seeders go for ‘uncorrelated’ strategies
(Updates the company description in the fourth-to-last paragraph) By Summer Zhen HONG KONG (Reuters) – With traditional equity and bond portfolios underwhelming investors this year and China’s market returns letting them down,…
Hedge fund Engine Capital urges Univar to consider sale, other options
(Reuters) -U.S. hedge fund Engine Capital on Wednesday urged Univar Solutions Inc to consider a sale or other strategic options, days after Germany’s Brenntag SE said it was in preliminary talks to…
Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money
Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money John Hugh DeMastri on November 17, 2022 Now-bankrupt trading house Alameda…
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in its rival…
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped on collapsed crypto exchange FTX, the Financial Times said on Saturday, estimating…
Reinsurance hedge fund Tangency Capital raises $200 million
LONDON (Reuters) – Reinsurance hedge fund Tangency Capital has raised $200 million from investors, bringing its total assets under management to “north of $600 million,” one of its co-founders told Reuters, as…
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