Multi-strategy major Millennium Management and Boston-based systematic global equity manager Arrowstreet Capital are among a number of hedge funds shorting the assets of UK water companies, after a crisis at Thames Water highlighted high debt levels across the industry, according to a report by Bloomberg.
Liquid Alternatives News
Schonfeld yet to secure $3bn targeted for drawdown fund
Schonfeld Strategic Advisors, the multi-strategy hedge fund firm born in 2015 out of Steven Schonfeld’s proprietary trading-firm-turned family office, still hasn’t raised the $3bn it has been looking to raise since late last year, according to a report by Bloomberg.
There is no alternative to Alternatives!
Die Risiken an den Märkten steigen wieder. Nicht nur geopolitisch braut sich einiges zusammen. Auch ökonomisch treten die Unwuchten in der Weltwirtschaft immer stärker hervor. Hinzu kommen die Unsicherheiten im Vorfeld des US-Wahlkampfs, in dem zwei Greise gegeneinander antreten, um das Wohl der größten Volkswirtschaft der Welt in den kommenden Jahren zu bestimmen.
Element set to return $4bn in client cash
Element Capital Management, the global macro hedge fund firm founded by Jeff Talpins, is planning to return around $4bn in external capital to clients as it looks to improve performance and focus on managing its own funds, according to a report by Reuters.
Jane Street sues Millennium and two ex-employees over ‘stolen trade secrets’
Global proprietary trading firm Jane Street has taken legal action against multi-strategy hedge fund major Millennium Management and two former employees over the alleged theft of trader secrets, according to a report by the Financial Times.
Minenaktien: Warum Investoren jetzt zugreifen
Bergbautitel gehören zu den besten Möglichkeiten, sich an der grünen Energiewende zu beteiligen. Das Potenzial von Kupferminenbetreibern ist besonders groß. Hedgefondsmanager Paul Singer wird nicht ohne Grund ein goldenes Händchen für lohnende Geschäfte nachgesagt. Wirft doch der von ihm verwaltete Hedgefonds Elliot Management Investment seit seiner Gründung 1977 überdurchschnittlich hohe Renditen ab. Umso mehr schlug […]
South Korea ordered to pay US hedge fund $32m over Samsung merger
A Dutch arbitration court has ordered South Korea to pay New York hedge fund Mason Capital Management more than $32m in a dispute over the merger of two Samsung affiliates back in 2015, according to a report by Reuters.
Hedgefonds legen weiter zu – mit Makrostrategien als Spitzenreiter
Hedgefonds setzten weltweit ihren Anstieg im März fort, angeführt von Makro-Strategien, die den besten Monat seit März 2022 und das stärkste Quartal seit über 20 Jahren verzeichneten, wie HFR-Präsident Kenneth J. Heinz aus dem jüngsten Report seines Hauses berichtet. Der HFRI Macro (Total) Index hat im März 3,9 Prozent zugelegt*.
HK government considers regulation more favourable to alternative investment
Hong Kong’s government is considering changes to its tax regulation in order to attract alternative investments including private credit, hybrid securities, real estate and infrastructure, according to a report by Bloomberg citing people familiar with the matter. According to Bloomberg’s sources, the proposed measures, which are expected to be outlined in a consultation paper, would […]
Brevan Howard’s crypto fund up 35% in Q1
Brevan Howard Asset Management’s cryptocurrency fund, BH Digital, which manages around $1.7bn in assets, returned 34.5% in the first three months of the year, bringing total gains since it debuted in March 2022 to nearly 51%, according to a report by Bloomberg.
Altice losses prompt Millennium to liquidate Feasey credit trades
Losses incurred from failed bets on telecom network Altice have prompted multi-strategy major Millennium Management to liquidate wagers made by Portfolio Manager and credit trading specialist Jason Feasey, according to a report by Bloomberg.
Solana helps Pantera to 66% Q1 gain
Switching holdings from bitcoin and ether to solana and other ‘minor’ cryptocurrencies helped digital assets hedge fund firm Pantera Capital’s roughly $300m Liquid Token Fund record a 66% Q1 return, according to a report by Bloomberg.
Macro hedge funds surge in March, post strongest quarter in over 20 years
Opalesque Industry Update – Hedge funds extended the 1Q surge through March, led by Macro strategies, which posted its best month since March 2022 and its strongest quarter in over 20 years. Industry-wide gains were driven by trend-following CTAs, Energy, Multi-Strategy, Healthcare, and Cryptocurrency exposures, expanding the powerful 5-month return for the HFRI Fund Weighted […]
Activist hedge fund Bluebell challenges BlackRock’s leadership
London-based activist hedge fund Bluebell Capital Partners has set its sights on BlackRock, the world’s largest asset manager, with a proposal to oust Larry Fink, the company’s Founder, from his position as Chairman, according to a report by the Wall Street Journal.
Activist investor Oasis Management targets Molton Brown owner Kao Corp
Hong Kong-based activist hedge fund Oasis Management has set its sights on Japanese cosmetics and skincare company Kao Corporation, whose brands include Molton Brown and Curél, by urging the company to divest underperformers from its portfolio.