Hedge Funds

The New York-based firm will take in between $3 billion and $5 billion in the D.E. Shaw Cogence Fund over the coming months

Inside the billion-dollar hedge fund race to cash in on the AI boom

From Silicon Valley prodigies to Wall Street veterans, a new wave of money managers is betting big on the AI economy.

Jane Street to argue that retail demand drove its India trades

The trading giant has been working on its defense against market manipulation allegations from the Securities and Exchange Board of India

Hedge funds in talent war, offering $100 million pay packages to top managers: Report

High-profile fund founders are increasingly getting involved in recruitment efforts, offering personal gestures to court top talent.

Buffett’s snide remark on hedge funds: Lot of people have become rich by figuring how to get others put up capital

“Lot of people have gotten very rich in the country by essentially figuring out how to get others put up the capital. And that's what people do in the money management business. And they get very, very rich because they get an override on other people's capital,” said Buffett while speaking at the annual shareholders meet of Berkshire Hathaway.

Category I and II AIFs get tax clarity in the Budget FY26

In the Budget 26, the government clarifies that income received by such funds will be characterized as capital gains and not business income.

Hedge fund currency option bets are soaring on Trump tariff risk

Dollar calls are rising in popularity in the $300 billion-plus currency options markets

Disparity in US stock performances gives hedge funds edge to cherry-pick and boost returns: Morgan Stanley

Morgan Stanley notes that hedge funds' have an advantage in generating both long and short alpha, thanks to their flexible approach compared to traditional benchmarks. This unconstrained strategy positions them well to achieve better returns in a market increasingly influenced by stock-specific performances.

China has a quant quake because there’s no Citadel

China's crackdown on quantitative trading shows how inexperienced the Chinese quants are. The country has largely blocked out the world’s best hedge funds. In other words, they were not baptized by the likes of Citadel, which relentlessly sifts out untalented traders and portfolio managers and speeds up industry consolidation in whichever markets they operate. By allowing in the best, Beijing can ensure the bad ones can’t thrive and create havoc

Investors desert equity hedge funds after years of poor returns

Clients pull nearly $150bn in assets from a strategy once known for its star stockpickers

Hedge funds are playing a dangerous game on Japan and China

This year, everyone loves Japan and hates China. But don’t construct a long-short trade either way. Macro funds work well when there are clear trends, such as the unstoppable dollar rally in 2022. As the Bank of Japan and President Xi Jinping keep markets in the dark, one can be caught out by either side

A hard rain’s a-gonna fall on hedge funds

The hedge fund community is a keystone of the debt markets; disrupting its ability to absorb government debt will have knock-on effects for borrowing costs

Why central banks will soon lend to hedge funds

Stricter monitoring and rules for money managers will be needed if markets are to be given more support

Employee got a salary hike just so his CEO could call him at 1 am

The most recent Forbes data from 2019 revealed that Peter Brown boasts a net worth of $100 million.

The gig economy comes for hedge funds

Platforms that offer money managers the freedom to build a business and maximise their return on performance while removing the hurdles of launching independently could change financial markets

Policy Next Karnataka Summit | Give us some time and we will solve angel tax issue, says Rajeev Chandrasekhar

An exemption for money raised from foreign investors under the angel tax regime has been done away with in the Finance Bill, 2023.

US SEC to vote on boosting disclosures by private funds, hedge funds

The SEC will vote on a proposal to update so-called Form PF, which was put in place following the financial crisis of 2008-2009 to monitor risks in the private fund sector, to boost the quality of disclosures by large funds about their investment strategies and leverage.

Hedge funds seen targeting Deutsche Bank in ‘irrational’ slide

The German bank’s shares fell as much as 15% before paring losses to end the day down 8.5% in Frankfurt.

Hedge funds are having a hard time running this business

Toshiba has proved difficult to govern, but even so, foreign investors have failed to do much for its operations

Ray Dalio closes the frontier for Hedge Funds: Aaron Brown

The founder of Bridgewater Associates, who is stepping back, helped usher in modern financial markets

Tech stocks lured hedge funds in August: Report

Besides tech stocks, hedge funds were net bought in August in consumer discretionary, healthcare, real estate and financials, while they went bearish on industrials, energy and materials.

Investors grow frustrated with hedge funds after historic losses

Industry is on track to post one of its worst years on record as long-short players struggle

Toshiba board gains two directors from activist funds in historic shift

Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was Akihiro Watanabe, an executive from boutique U.S. investment bank Houlihan Lokey, who becomes chairman of its board.

Some hedge funds face steep losses after betting on hot sectors

Data from Hedge Fund Research shows the HFRX Global Hedge Fund Index slipped 1% in May, leaving it down 3.31% for the first five months of 2022. But preliminary numbers from some firms show far bigger losses, especially at funds that had invested heavily in technology and biotechnology stocks.

Blackstone plans fund for people with millions not billions

The fund would potentially offer multimillionaires exposure to a swath of assets unavailable on public markets. In contrast with the usual practice of locking up institutional investors’ money for years, customers would have periodic opportunities to withdraw, according to people with familiar of the matter.