Liquid Alternatives News

UBS is seeking to break into the top four global prime brokers by revenue as it accelerates its push to win hedge fund clients, supported by strong growth in its equities and financing businesses and momentum from its acquisition of Credit Suisse, according to report by Financial News London. To a report by hedgeweek. 17.12.2025

Hedge funds pared back exposure to technology stocks in Japan and Hong Kong last week, positioning ahead of a subsequent sell-off in both markets, according to a report by Bloomberg citing a client note from the prime brokerage division at Goldman Sachs. To a report by hedgeweek. 16.12.2025

Peconic Partners, the New York-based hedge fund run by veteran investor Bill Harnisch, delivered a 79% return in 2025 despite maintaining a cautious macro outlook and low net exposure throughout the year, according to a report by Bloomberg. To a report by hedgeweek. 15.12.2025

Dubai’s status as a global hedge fund hub continues to strengthen, with the number of hedge funds operating in the Dubai International Financial Centre (DIFC) exceeding 100 for the first time, according to a report by Bloomberg. 15.12.2025

Millennium Management has committed more than $3bn of capital to two external hedge fund managers, continuing the $84bn AUM firm’s strategy of backing specialist teams as part of its multi-manager platform, according to a report by Bloomberg. 15.12.2025

Ilex Capital Partners, the equity long-short multi-manager launched in London by former Citadel traders Jonas Diedrich and Dave Sutton, has grown to around $7bn in assets following a fresh capital raise and continued performance gains, according to a report by Bloomberg. 12.12.2025

Hedge fund performance and inflows strengthened into year-end, according to the latest SS&C GlobeOp indices, with the firm reporting a 1.22% gross return for November and continued positive capital movements in December. To a report by hedgeweek. 12.12.2025

A growing number of hedge funds – including Elliott Investment Management, Man Group and an AQR Capital Management affiliate – are returning to appraisal arbitrage, a strategy that challenges M&A deal prices in Delaware’s Chancery Court in pursuit of higher valuations, according to a report by Bloomberg. 12.12.2025

Warner Bro shares climbed sharply this week as event-driven hedge funds ramped up positions in anticipation of a bidding war between Paramount and Netflix, with merger arbitrage managers suggesting that at least one bidder is likely to raise its offer, according to a report by the Wall Street Journal. 11.12.2025

Activist fund Ananym Capital – co-founded last year by veteran campaigners Charlie Penner and Alex Silver – has built a significant stake in Siemens Energy and is pressing the German group to separate its loss-making wind business, according to a report by the Financial Times. 10.12.2025

Geopolitics, policy uncertainty and diverging rate cycles are setting up a strong environment for macro and volatility-oriented hedge funds next year, according to a Bloomberg report citing senior leaders from Man Group, Brevan Howard and the Abu Dhabi Investment Council. To a report by hedgeweek. 10.12.2025

Abu Dhabi is preparing a $16bn expansion of its financial free zone, Abu Dhabi Global Market (ADGM), as global hedge funds continue to scale up in the emirate and office space hits capacity, according to a report by Bloomberg. To a report by hedgeweek. 09.12.2025

A London judge has ordered Evolution Capital Management to pay former hedge-fund trader Robert Gagliardi a $5.4m bonus after ruling the firm wrongfully withheld his payout during a US block-trading investigation that ultimately brought no charges, according to a report by Bloomberg. 09.12.2025