Liquid Alternatives News

Hedge funds bought US equities for only the third time this year last week, marking a cautious shift in positioning amid sustained bullishness from retail investors, according to a report by Investing.com citing data from Bank of America Securities.

Bill Ackman is stepping down from the board of Universal Music Group (UMG), signalling a strategic shift at Pershing Square Holdings, which has reduced its once-dominant stake in the global music label behind artists including Taylor Swift and Lady Gaga, according to a report by the Wall Street Journal.

Global hedge funds experienced only modest gains from the significant rally in US stocks triggered by a US-China trade agreement on tariffs, according to a report by Reuters citing a client note from Morgan Stanley on Tuesday.

Tail-risk hedge fund Universa Investments delivered a 100% return on capital in April amid renewed market turbulence tied to US tariff policy shifts, according to a report by Reuters citing information from one of the fund’s investors.

Hedge funds are ramping up exposure to Chinese equities amid renewed optimism over US-China trade relations, with US funds in particular having resumed buying activity last week, according to a report by Reuters citing a note from Morgan Stanley.

UBS is in advanced discussions with Cantor Fitzgerald over a deal for its hedge fund platform, O’Connor, which operates within UBS Asset Management according to a report by Bloomberg citing unnamed sources close to the matter.

UBP’s Alternative Investment Solutions group is forecasting a favourable environment for alpha generation across hedge fund strategies for the rest of 2025, but warns that persistent macroeconomic volatility and policy uncertainty will require robust risk management and selectivity.

Hedge funds delivered mixed results in April, with equity hedge strategies leading the way as they navigated a month marked by historic market volatility and sharp swings in investor sentiment, according to data from Hedge Fund Research (HFR).

Millennium Management, one of the world’s largest multi-strategy hedge funds, is exploring a potential minority stake sale in its management company and is in discussions with Goldman Sachs’ Petershill Partners to assist in the process, according to a Financial Times report.

Haidar Capital Management’s flagship Jupiter Fund posted a 25% loss in April, marking one of the worst monthly performances in its more than two-decade history, as macro volatility tied to President Donald Trump’s renewed trade war rattled global markets, according to a report by Bloomberg.

Hedge funds are retooling one of last year’s most popular options strategies – index dispersion trades – as market turbulence and macroeconomic uncertainty reshape the volatility landscape, according to a report by Bloomberg.