LONDON Stone Milliner, one of Europe's best-performing hedge funds that bets on macroeconomic events, lost 2.1 percent in the first two months of 2017, its worst start to a year, an investor letter seen by Reuters showed.
BOSTON/LONDON Hedge-fund firm Pine River Capital Management LP is losing two more partners following a difficult year that involved a restructuring and major decline in assets, people familiar with the matter told Reuters.
LONDON/PARIS An activist hedge fund has criticised plans by Walt Disney to take full control of debt-laden Paris theme park operator Euro Disney, according to a letter seen by Reuters.
LONDON/BOSTON Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets.
LONDON/NEW YORK David Harding, founder of one of the world's biggest hedge funds, on Friday defended his firm against Warren Buffett's criticism of hedge fund fees last week.
LONDON British price comparison website operator Gocompare.com Group Plc reported a 30 percent jump in underlying operating profits on Thursday. Gocompare.com, which enables consumers to shop around for financial, travel and utility services, said adjusted operating profit last year was 30 million pounds, up from 23.1 million pounds in 2015.
Shareholders in Alliance Trust voted on Tuesday to buy back shares in the firm that are currently held by U.S. activist hedge fund Elliott Management.
LONDON Weak performances in some of its funds and writedowns linked to earlier acquisitions dragged Man Group to a full-year loss, knocking the British hedge fund firm's shares and leading some analysts to question its decisions.
LONDON/BOSTON Stock market optimism about U.S. President Donald Trump's economic agenda is overdone and political risk in Europe isn't priced in, according to some hedge funds who are betting that the rally in equities is coming to an end.
LONDON Rick Doucette, who spent 26 years at Weiss Multi-Strategy Advisers, and ex-UBS prime brokerage senior salesman Gerry Polizzi are planning a new multi-strategy hedge fund, they told Reuters.