Liquid Alternatives News

Hedge funds offloaded technology stocks at the fastest pace in six months last week, with selling activity reaching a five-year high, according to a report by Reuters citing data from the prime brokerage division at Goldman Sachs.

South Korean regulator the Financial Services Commission (FSC) is set to lift its 17-month ban on short selling next week, a move that market participants believe will enhance liquidity, attract global hedge funds, and bolster the country’s case for an MSCI upgrade to developed market status, according to a report by Bloomberg.

Hedge funds are snapping up economically sensitive stocks, betting on a rebound after recent selloffs driven by tariff-related recession fears in the US market, according to a report by Bloomberg citing data from the prime brokerage unit at Goldman Sachs.

Hedge fund Starboard Value has reignited its proxy battle with Autodesk, nominating three director candidates to the engineering and design software maker’s board, including Chief Executive Officer and Founder Jeff Smith, according to a report by Bloomberg.

US activist hedge fund firm Elliott Investment Management has built an £850m short position against Shell, marking the largest disclosed wager against the FTSE 100 oil giant in nearly a decade, according to a report by The Times.

Balyasny Asset Management (BAM) has secured another high-profile hire, bringing on Citadel trader David Brodsky with a compensation package worth up to $50 million, according to a report by Bloomberg citing sources familiar with the matter.

A panel of financial experts has urged the Federal Reserve to consider setting up an emergency facility to manage the potential unwinding of highly leveraged hedge fund basis trades – a move aimed at safeguarding the $29tn US Treasuries market from systemic risk, according to a report by Bloomberg.

Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has been appointed as an advisor to Indonesia’s newly launched $900bn sovereign wealth fund, Danantara, according to a report by Fortune.

Pleasant Lake Partners, the hedge fund led by Jonathan Lennon, has secured a capital commitment from Millennium Management, marking a significant expansion of its investment mandate, according to a report by Bloomberg.

Hedge funds trading FX may soon find a familiar voice on the other end of the line with Robert Diehl, a seasoned FX trader with nearly three decades of experience across major banks, having taken on a broking role at Caventor Capital according to a report by eFinancial Careers.

Hedge funds have ramped up bearish bets on US stocks at the fastest pace since 2020, reinforcing expectations of further market declines, according to a report by Reuters citing a client note from the prime brokerage division at Goldman Sachs.

Retail traders across Europe are engaging in a coordinated challenge to hedge funds – including Marshall Wace and Millennium – holding short positions in a handful of European stocks in a tussle reminiscent of the 2021 GameStop saga in the US, according to a report by the Financial Times.

Hedge funds, including Brevan Howard, Capula and Millennium, have upped their leveraged bets on UK government bonds, amplifying concerns over potential instability in the gilts market, a key benchmark for UK borrowing costs, according to a report by Reuters.