Monthly Archives: September 2024

(Hedgeweek) The once-booming multi-manager hedge fund sector, pioneered by firms like Citadel and Millennium, has seen its first net outflows in seven years, signalling that investor interest may be fading, according to a report by the Financial Times citing data […]

(Hedgeweek) Elliott Management, the New York-based hedge fund renowned for its aggressive investment tactics, is set to play a pivotal role in the future of Thames Water after acquiring the utility company’s debt at significantly reduced prices, according to a […]

(Hedgeweek) Data is more than a buzzword in alternative investments – it has become the lifeblood for countless hedge fund strategies, as quant and algorithmic trading take an ever more dominant position within the industry. To read this article:

(Hedgeweek) Wildcat Capital Management, originally established as the family office of billionaire David Bonderman, has invested over $200m in a new hedge fund, Whitebark Investors, which has been spun out of the firm under the leadership of Thomas McConnon. To […]

(CNBC) Stock futures hovered near the flatline Monday evening after the major averages rebounded from their worst week in 2024. Futures tied to the S&P 500 added 0.1%, while Nasdaq 100 futures advanced 0.1%. Dow Jones Industrial Average futures were little changed. To read this […]

(Hedgeweek) China’s covert strategy to manage its currency is exposing domestic banks to potential multi-billion-dollar losses, while providing hedge funds and other investors with lucrative profits, according to a report by Bloomberg. To read this article:

(Hedgeweek) Douglas Haynes, former President of Steve Cohen’s Point72 Asset Management, has abandoned his plans to launch a new hedge fund firm – Norias Research Group – citing challenges in raising sufficient capital, according to a report by Bloomberg. To […]

(CNBC) Oracle’s revenue increased 8% from $12.45 billion a year ago, according to a statement. Net income rose to $2.93 billion, or $1.03 per share, from $2.42 billion, or 86 cents per share, in the same quarter a year ago. At […]

(CNBC) CEO David Solomon said at a conference that by unloading Goldman’s GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues when it reports results next month. It is the latest turbulence […]

(CNBC) Bitcoin jumped Monday evening and topped $57,000 after Wall Street’s rebound from its worst week of the year. The price of the flagship cryptocurrency was last higher by 5.6% at $57,4449.00, according to Coin Metrics. Last week, bitcoin tumbled 9% […]

(Hedgeweek) Emerging hedge funds are balancing competitive fee models and running lean operating models to remain attractive to investors, according to a new research report by the Alternative Investment Management Association (AIMA) in partnership with Marex Prime Services. To read […]

(CNBC) U.S. stock futures were lower on Sunday night following a tough week for the equity market. S&P 500 futures dipped 0.1%, while Nasdaq 100 futures slid 0.2%. Futures tied to the Dow Jones Industrial Average fell by 22 points, or less than 0.1%. To […]