Monthly Archives: January 2024
Brevan sees mixed returns from hedge funds
(Hedgeweek) Brevan Howard saw mixed results from its hedge funds last year with the firm’s digital currency fund surging to a 40%-plus gain while its flagship fund ended the year in negative territory, according to a report by Bloomberg. To […]
Two Sigma posts solid gains despite year of drama
(Hedgeweek) While a long-running feud between Two Sigma Co-Founders John Overdeck and David Siegel was making headlines last year, the secretive quant major was quietly generating steady returns for its investors, according to a report by Business Insider. To read […]
Peconic ups shorts following 31% 2023 gain
(Hedgeweek) Peconic Partners, the $1.5bn hedge fund firm founded by Bill Harnisch has upped its short wagers against US listed companies in the belief that the recent stock market rally will soon run out of steam, according to a report […]
Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU
(CNBC) Coinbase plans to offer crypto-linked derivatives in the European Union, and it’s planning to acquire a company with a license to do so. The U.S. cryptocurrency exchange told CNBC exclusively that it entered into an agreement to buy an […]
Stock futures are little changed after S&P 500 snaps nine-week win streak:
(CNBC) U.S. stock futures were little changed Sunday night after the major averages kicked off 2024 with a down week, as traders look ahead to inflation data and big bank earnings in the week ahead. Dow Jones Industrial Average futures […]
Bridgewater’s flagship macro fund down 7.6% in 2023
(Hedgeweek) Bridgewater Associates’ flagship macro hedge fund, the Pure Alpha II Fund, saw 7.5% of YTD gains wiped out in the final two months of last year to finish 2023 with a 7.6% decline, according to a report by Bloomberg. […]
Berkshire Hathaway settles suit with Haslam family over truck-stop company
(CNBC) Berkshire Hathaway has settled a billion-dollar lawsuit with the Haslam family over how Berkshire accounted for the value of Pilot Travel Centers, the two parties said Sunday night. The settlement avoided a trial scheduled to begin Monday in Delaware […]
Hilbert fund racks up 93% gain in 2023
(Hedgeweek) Hilbert Capital, a quantitative investment company specialising in algorithmic trading strategies in digital asset markets, recorded a 92.7% gain with its long-only, non-levered Hilbert V100 Fund in 2023. To read this article:
Apple shares slip on report U.S. government preparing antitrust lawsuit
(CNBC) Apple shares slid less than 1% on Friday after The New York Times reported that the U.S. Department of Justice is preparing an antitrust lawsuit against the iPhone maker, which could be filed as soon as this year. The […]
Pershing Square chalks up 26.7% return in 2023
(Hedgeweek) Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, bounced back from its loss-making 2022, with a return of 26.7% last year, beating the broader stock market, according to a report by Reuters. To read this […]
Citadel gains 15.3% in 2023, ahead of Millennium’s 10% return
(Hedgeweek) Ken Griffin’s Citadel outperformed several big name multi-strategy rivals, including Millennium Management and Eisler Capital, in a challenging 2023, chalking up a 15.3% return for its main Wellington hedge fund, according to a report by Reuters. To read this […]
Stock futures little changed ahead of jobs report with Wall Street’s nine-week winning streak in jeopardy:
(CNBC) Stock futures were mixed on Thursday evening ahead of a key jobs report with Wall Street trying to shake off a sluggish start in January. Futures tied to the Dow Jones Industrial Average ticked up 21 points, or about […]
