Liquid Alternatives News

Robert Citrone, founder of Discovery Capital Management and a member of the famed “Tiger Cub” group of hedge fund managers, is bracing for a stock market correction by significantly cutting his firm’s equity exposure, according to a report by Institutional Investor.

After years of significant capital withdrawals, some global investors are beginning to warm up to China-focused hedge funds again, according to a report by Bloomberg citing the findings of a new survey conducted by BNP Paribas SA.

Hedge fund investors are increasingly seeing their returns whittled away by the controversial ‘passthrough fee’ structure that allows firms to pass along nearly any expense, according to a report by Bloomberg.

The rapid rise of multi-manager hedge funds could pose significant risks to financial stability due to correlated activity and their aggressive risk management practices, according to a report by Bloomberg citing comments from Bank of England (BoE) Governor Andrew Bailey.

Legacy Capital and Vinland Capital were among the Brazilian hedge funds to capitalise on Mexico’s shifting monetary policy last month, profiting from bets that the country’s central bank, Banxico, would accelerate interest rate cuts, according to a report by Bloomberg.

Activist hedge fund firm Pershing Square has acquired a $2.3bn stake in Uber with founder Bill Ackman calling the ride-hailing firm “one of the best-managed and highest-quality businesses in the world,” according to a report by the Financial Times.

Said Haidar’s macro trading hedge fund, Haidar Jupiter, delivered a 15.8% gain in January, marking its best performance since June 2023 and offering investors a moment of relief following an extended period of steep losses, according to a report by Bloomberg.

Citadel has provided an unusual look into the performance of its largest multi-strategy funds, revealing an impressive $57bn in gains during a period of significant profitability for the firm, the most lucrative hedge fund business in history, according to a report by the Business Times.

The Wellington Fund, the flagship hedge fund at Ken Griffin’s multi-strategy firm Citadel, delivered a 1.4% gain in January, navigating a volatile market environment, according to a report by CNBC citing a source familiar with the results.

Hedge funds are capitalising on mounting resistance to the European Union’s stringent ESG (environmental, social, and governance) regulations, advocating for exemptions from some of the bloc’s reporting requirements, according to a report by Bloomberg.

Despite a turbulent start to the year marked by geopolitical uncertainty and market volatility, major hedge funds posted positive returns in January, with multi-strategy firms including Walleye Capital and Balyasny Asset Management proving particularly resilient, according to a report by Bloomberg.

Bridgewater Associates’ flagship macro fund, Pure Alpha, achieved an 8.2% gain in January, navigating a volatile month marked by a sell-off in AI-related stocks and uncertainty surrounding the incoming US administration, according to a report by Reuters.

Saba Capital has suffered further blows in its ongoing effort to shake up Britain’s £269bn investment trust sector, as shareholders in two more trusts rejected the US activist hedge fund firm’s board proposals on Monday, according to a report by Reuters.