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.
Oil's big rebound in the first half of the year was a squandered opportunity for most hedge funds with positions in crude, and a surge in volatility is likely to make it harder for them to call the market in the second half.
LONDON Global investors bought real estate, added to cash holdings and cut equity allocations to the lowest in at least five years as this month's shock Brexit vote added to an already toxic mix of sluggish world growth and volatile markets.
WASHINGTON President-elect Donald Trump is receiving an average of one presidential intelligence briefing a week, according to U.S. officials familiar with the matter, far fewer than most of his recent predecessors.