NEW YORK/LONDON Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting staff members to New York, four sources told Reuters.
LONDON Donald Trump's surprise U.S. presidential election victory sparked a frenzy of trading and hedging late last year that boosted top U.S. banks' revenue by 26 percent, according to Reuters calculations, and looks set to keep driving activity.
LONDON Scottish hedge fund manager Hugh Hendry is betting on a break-up of the European Union in a trade he said could deliver 30-35 percent gains, the Reuters Global Investment Outlook Summit heard on Monday.
Activist hedge fund Oasis Management Co Ltd has raised its stake in Britain's Premier Foods Plc to 5.18 percent, a regulatory filing on Thursday showed, sending the company's shares up as much as 4 percent.
LONDON/NEW YORK Two leading hedge funds which made big bets on Deutsche Bank shares falling are now reducing their "short" positions, in a sign of confidence in the stability of the lender.
NEW YORK Former BlueCrest Capital Management portfolio manager Ashish Goyal is set to join hedge fund manager Citadel, a Citadel spokesman said on Thursday.
LONDON Hedge fund assets grew by $19.9 billion in the first six months of 2016 despite performance losses of $5.2 billion, industry tracker Eurekahedge said on Tuesday.
LONDON Hedge funds from the United States, Singapore and Hong Kong should be allowed to market themselves in the European Union, the bloc's financial watchdog said on Tuesday.
LONDON A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group's surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent.
LONDON Britain's vote to leave the European Union has put private equity firms on the back foot, forcing them to stall some planned deals, reconsider fundraising strategies and possibly move staff to centres that will remain in the bloc.
President Donald Trump's administration on Wednesday revoked landmark guidance to public schools letting transgender students use the bathrooms of their choice, reversing a signature initiative of former Democratic President Barack Obama. | Video