Liquid Alternatives News

Hedge funds have net bearish on the Japanese yen for the first time in nearly four months, ahead of a Sunday’s upper house election, which saw Japan’s ruling coalition lose its majority, according to a report by Bloomberg citing data from the Commodity Futures Trading Commission.

Merger arbitrage hedge funds including Citadel Advisors, Adage Capital Management, and HBK Investments, are cashing in on one of the year’s most lucrative event-driven plays, as Chevron’s long-delayed $53bn acquisition of Hess Corp finally closed, according to a report by Bloomberg.

One year after its much-hyped launch with $5.3bn in capital commitments – short of its original $8bn–$10bn target – Bobby Jain’s hedge fund Jain Global has also fallen short in performance terms too, compared with more established rivals, according to a report by the Financial Times.

Activist hedge fund Elliott Investment Management has built a significant stake in Global Payments, just weeks after the fintech giant announced its $24.3bn acquisition of Worldpay, according to a report by the Financial Times citing an unnamed source familiar with the matter.

Qube Research & Technologies (QRT), the $30bn quant-driven multi-strategy hedge fund, is preparing to open its first US office in Houston, marking a major geographic expansion as it targets the booming commodities space, according to a report by Bloomberg.

Hedge funds offloaded financial stocks for the second consecutive week last week while aggressively rotating into consumer staples, marking the largest sector pivot in nearly two years, according to a report by Reuters citing s note from Goldman Sachs’ prime brokerage unit.

Palo Alto-based hedge fund Sylebra Capital, led by ex-Coatue Management partner Daniel Gibson, delivered a 16.7% return in the first half of 2025, reversing a 7.8% Q1 loss and outperforming several high-profile peers in the tech-focused hedge fund space, according to a report by Bloomberg.

The Seligman Tech Spectrum Fund, run by veteran tech investor Paul Wick, is holding firm on its high-conviction short against Tesla, maintaining the electric-vehicle maker as its largest short position at 4% of fund capital, according to a report by Institutional Investor,

Activist hedge fund Trian Partners, led by billionaire investor Nelson Peltz, has sold £25.6m worth of Unilever shares as part of a “portfolio management” move, while maintaining a significant stake in the consumer goods giant, according to a report by the Financial Times.

Discovery Capital Management, the macro hedge fund led by Tiger Cub Robert Citrone, has made a bold move into the media and entertainment space by acquiring a significant equity stake in AMC Entertainment, according to a report by Institutional investor.

Artemis has launched the Artemis Atlas Fund, which will be managed by former hedge fund equity analyst Ambrose Faulks, marking a first step into the market neutral, long-short equity space for the UK-based active investment manager.

Man Group’s quant arm, Man Numeric, has begun using a new agentic AI system capable of autonomously generating, coding, and backtesting trading strategies — a significant step in automating the quantitative research pipeline at the world’s largest listed hedge fund, according to a report by Bloomberg.

AQR Capital Management, the $142bn quantitative hedge fund led by Cliff Asness, delivered standout returns across its trend-following and multi-strategy platforms in the first half of 2025 — sharply outperforming major industry benchmarks, according to a report by MarketWatch.

The Financial Stability Board (FSB) has called for global regulators to consider placing direct limits on hedge fund leverage and size, as part of sweeping recommendations aimed at strengthening oversight of the fast-growing non-bank financial sector, according to a report by Reuters.