Hedge fund performance dipped last month with a weighted average return of -0.3% after a strong start to the year, with several strategy types – including commodity and equity strategies – experiencing a negative month, according to the latest data from asset servicer Citco.
UBS Group AG is closing its outsourced trading desk, one of the largest such offerings on Wall Street, as it refocuses its global markets strategy. The bank has begun informing clients of the decision, giving them three months to find an alternative provider, according to a report by Bloomberg.
Global hedge funds are regaining their appetite for US equities, cautiously adding exposure after a significant selloff in Wall Street’s major indexes, according to a report by Reuters citing a client note from Goldman Sachs.
Hedge fund short sellers have amassed a potential $16.2bn in profits as Tesla’s stock price has plummeted by 50% over the past three months, according to a report by the Financial Times citing data released by S3 Partners.
Newly revealed court documents indicate that FTX secretly liquidated $1.53bn worth of Three Arrows Capital (3AC) assets just two weeks before the crypto hedge fund’s 2022 collapse – challenging previous narratives that fund’s failure was market-driven, according to a report by CoinTelegraph.
Asset managers are ramping up bullish euro positions to a five-month high, while hedge funds are scaling back short bets, reflecting a significant shift in sentiment toward the European currency, according to a report by Bloomberg.
The total number of financial firms registered at the end of 2024 was 6920, up 25% on 2023. The data also showed a 10% increase to more than 45,000 in the number of people employed in financial services in Dubai.
Asia-focused hedge funds have fared better than their US counterparts during the recent market downturn, benefiting from a relative outperformance in Chinese equities as global investors shift capital into the region, according to a report by Reuters.
Jersey-based global macro hedge fund firm Brevan Howard Asset Management is scaling back traders’ risk limits as the firm’s flagship fund faces mounting losses, erasing last year’s gains, according to a report by Bloomberg.
Activist hedge fund Anson Funds has taken a 9% stake in multi-residential REIT InterRent and is advocating for the company to implement operational and strategic changes, according to a report by Bloomberg citing sources familiar with the matter.
Hedge fund deleveraging accelerated late last week, impacting European stock markets and European hedge fund managers’ returns, with the impact likely to continue this week, according to a report by Reuters, citing a client note from JPMorgan.
Der norwegische Staatsfonds investiert in Hedgefonds, die auf Long-Short-Strategien setzen. Es ist das erste Mal, dass die Verantwortlichen des Staatsfonds externe Manager damit beauftragen. Hohe Aktienbewertungen und die Geschehnisse in den USA sollen den Norwegern Sorgen bereiten.
Activist hedge fund firm hedge fund Palliser Capital has intensified its campaign for Rio Tinto to unify its dual-listed structure, releasing a letter on Monday urging the company’s board to take decisive action, according to a report by Reuters.
SkyBridge Capital founder Antony Scaramucci anticipates productive cryptocurrency regulatory clarity emerging this year, starting with stablecoin legislation, following the landmark summit hosted by Donald Trump at the White House over the weekend.
London-based macro hedge fund firm Rokos Capital Management has delivered a 0.57% return so far in 2025, despite a 0.29% decline in February, according to a report by Reuters citing an unnamed source familiar with the matter.
