Liquid Alternatives News

Regal Funds Management Pty Ltd, one of Australia’s largest hedge funds, has been indicted by South Korean regulators as part of an expansion of Seoul’s crackdown on short-selling trading practices, according to report by Bloomberg.

Hedge funds are significantly increasing bearish bets against currencies like the yuan, euro, and Mexican peso, speculating that Donald Trump will win the upcoming US presidential election, according to a report by Bloomberg.

Hedge funds are scaling back trading in response to stricter risk controls, with credit trading being the hardest hit, according to a new global survey of 100 senior hedge fund executives across the US, UK, Europe, and Asia by Beacon Platform Inc.

FRANKFURT – „Nach den Zinssenkungen durch die US-Notenbank beendeten Hedgefonds den September mit hohen Renditen, angeführt von Event-Driven-Strategien“, berichtet HFR-Präsident Kenneth J. Heinz. Für das Jahresende sei mit einer wachsenden Zahl von Fusionen und Übernahmen zu rechnen, sagt er.

Eugene Tang is the latest hedge fund quant to avoid a period of gardening leave by opting to join a tech company rather than a rival firm with switch to artificial intelligence leader OpenAI as a “member of technical staff”, according to a report by eFinancial Careers.

UBS O’Connor, the $12bn hedge fund unit of UBS Asset Management, remains optimistic about the potential for a rebound in merger-arbitrage performance despite a difficult YTD due to regulatory challenges disrupting high-profile deals, according to a report by Bloomberg.

Activist investment firm Elliott Investment Management has escalated its battle with Southwest Airlines by calling for a special meeting to vote on new board members after nominating eight new candidates who could potentially reshape the airline’s strategy, according to a report by Bloomberg.

A leading Chinese hedge fund, which has surged more than 800% over the past seven years, is taking advantage of the recent dip in Hong Kong-listed Chinese tech stocks, seeing their valuations as still attractive despite a strong rally this year, according to a report by Bloomberg.

Hedge funds have exited bearish positions on Brent crude at the fastest pace in nearly eight years, amid heightened geopolitical risks from the escalating conflict in the Middle East, according to a report by Bloomberg citing data from ICE Futures Europe.

LGT Capital Partners (LGT CP) has launched a new hedge fund vehicle for both institutional and wealth management clients offering access to the individual components of hedge fund strategies that make up the firm’s primary evergreen LGT Endowment portfolio, according to a report by CityWire.

Commodity trading advisors (CTAs) and trend-following hedge funds made a significant comeback in September, with Quantedge Global Fund, which gained over 8% over the month, bringing its year-to-date return to 29.36%, leading the way, according to a report by Institutional Investor.

Hedge funds are increasing their net-long positions in European natural gas futures as the market heads into winter, according to a report by S&P Global citing data from the Intercontinental Exchange (ICE).

Hedgeweek has announced the winners of the US Awards 2024, which recognise excellence among fund managers and service providers in the US across a wide range of categories. The awards were presented at an exclusive ceremony and networking event today (10 October), at The Penn Club, New York.

Two former Pfizer executives have stepped back from hedge fund Starboard Value’s campaign to push for changes at the pharmaceutical giant after previously advocating for the activist investor’s efforts, according to a report by the Financial Times.