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.
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 Some hedge funds who shunned or bet against European government bonds only three months ago are buying again as a sharp rise in yields offers them returns after a lacklustre 2016 for the industry.
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/NEW YORK For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry's assets, 2016 has been another year to forget.
LONDON Over thirty percent of British hedge funds say they are uncertain about remaining in the UK following Britain's vote to leave the European Union according to an industry survey, a larger proportion than immediately after the referendum.
LONDON Hedge fund manager Crispin Odey lost about 369 million euros (313.03 million pounds) in the year to Nov. 14 despite being one of the biggest financial winners of Britain's vote to leave the European Union.
LONDON Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks leaving them vulnerable to a debt market sell-off driven by a class of investors dubbed "fast money" for their speculative approach.
LONDON Tucked into the attic of a Georgian building in London's West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen.
ATLANTA After a brutal election loss in November, Democrats will choose a new leader on Saturday to begin the daunting task of rebuilding the party and heading the political opposition to Republican President Donald Trump.