Sculptor hedge fund hits sixth straight year of outflows
February 12, 2021 09:58:05 AMSculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.
GameStop frenzy has hedge fund managers rethinking next moves
February 02, 2021 03:27:05 PMRetail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
Citadel, Point72 back Melvin with $2.75 billion after losses
January 25, 2021 06:27:33 PMKen Griffin and Steve Cohen boosted Gabe Plotkin's Melvin Capital, injecting a total of $2.75 billion into the firm after it lost about 30%.
Global hedge funds struggle even in a more open China market
January 18, 2021 10:52:30 AMGlobal asset managers are struggling to find a foothold in $578 billion hedge fund industry, despite long-awaited policy changes.
SHK spins out East Point Asset Management
January 11, 2021 10:22:10 AMHong Kong conglomerate Sun Hung Kai spun out hedge fund firm East Point Asset Management with $150 million in seed capital.
Hedge funds chalk up decade’s best returns in 2020 – HFR
January 08, 2021 05:07:37 PMHedge funds produced their best return in a decade — 11.6% — in the year ended Dec. 31 judged by the HFRI Fund Weighted Composite index.
New hedge fund launches surpass liquidations in third quarter
January 04, 2021 12:15:31 PMLaunches of new hedge funds in the third quarter exceeded liquidations for the first time in over two years.
CQS deal with spinoff team falls apart
December 01, 2020 08:13:02 AMA deal between Michael Hintze's CQS and its equity hedge fund spinoff has collapsed as the billionaire renews focus on his investing roots.
Michael Hintze ramps up succession after bruising year for CQS
November 18, 2020 10:21:15 AMBillionaire hedge fund manager Michael Hintze has stepped up succession planning after a turbulent year at his investment firm, CQS.
Crispin Odey steps down as co-CEO of firm he founded
November 03, 2020 03:13:03 PMCrispin Odey stepped down as co-CEO of Odey Asset Management and will focus on running assets at the firm.
Brevan Howard reappoints portfolio manager
October 29, 2020 10:44:20 AMLouis Basger will join Brevan Howard as a portfolio manager, while the hedge fund he founded will be rebranded and run internally.
HFR: Hedge fund launches rise in Q2
September 30, 2020 01:25:18 PMLaunches of new hedge funds in the second quarter rose from a near-record low the previous quarter, after investors embraced more risk.
Hedge funds in biggest dollar short since 2017 risk squeeze
September 29, 2020 08:13:51 AMHedge funds that have racked up the largest bets against the dollar in almost three years may be running headlong into a short squeeze.
Dedicated environmental investing becoming a new avenue for alpha
August 24, 2020 12:00:00 AMHedge fund managers are launching new funds to capture alpha from environmental long and short investments.
Marble Ridge hedge fund to shut after Neiman Marcus blowup
August 21, 2020 11:32:37 AMMarble Ridge Capital is shutting down after an investigation found its managing partner interfered with Neiman Marcus' bankruptcy auction.
Point72 closing to new money after raising $10 billion
July 30, 2020 11:02:29 AMPoint72 Asset Management will close to new investments next month, after raising $10 billion since it started managing outside capital.
Odey Asset Management selects institutional head
July 28, 2020 01:50:23 PMJos Trusted joined Odey Asset Management as head of institutional business, a newly created role.
Bridgewater cuts jobs with pandemic requiring fewer workers
July 24, 2020 03:32:21 PMBridgewater Associates said it plans to job cuts because it won't need the same number of support staff as more employees work from home.
Point72 faces discrimination claims from female staffers
July 23, 2020 10:02:45 AMPoint72 Asset Management was named in two separate discrimination claims, including the former global head of macro at the firm.
HFR: Hedge fund industry assets rebound 7.4% in Q2
July 20, 2020 12:54:23 PMHedge fund assets grew 7.4% based on positive performance in the second quarter.
Citadel adds head of execution trading for global fixed income
July 17, 2020 01:09:13 PMIsaac Chang was named head of execution trading for global fixed income at Citadel.
Hedge funds plunge 7.9% in pandemic-plagued first half
July 09, 2020 08:00:19 AMHedge funds lost a record 7.9% in the first half of the year on an asset-weighted basis, according to Hedge Fund Research.
John Paulson to convert hedge fund firm to family office
July 01, 2020 01:13:26 PMBillionaire John Paulson is turning his hedge fund firm into a family office after setting the stage for the conversion last year.
Hedge fund launches down in Q1 amid coronavirus pandemic
June 30, 2020 12:30:49 PMLaunches of new hedge funds in the first quarter fell amid the coronavirus outbreak to the lowest level since the global financial crisis.
CQS cuts at least 50 jobs as firm retrenches
June 22, 2020 10:16:12 AMHedge fund firm CQS slashed at least 50 jobs in an overhaul, as founder Michael Hintze looks to focus on core credit trading strategies.