For the first time in over a decade, hedge funds are celebrating some consistent success. During the global crises of 2020, the industry touted an 11.8% return, recording the best year since 2009’s crash. According to the Financial Times, “Investors are certainly taking notice of the hedge fund industry’s renaissance. After withdrawing more than $170bn […]

Hedge Funds are demonstrating some newfound optimism as double-digit returns and increasing assets under management point to excellent business prospects.  Last week, hedge funds rated their economic confidence at +19.5, up from an average +18.4 from last quarter. The scale ranges from -50 to +50. A survey in the second quarter Hedge Fund Confidence Index […]

Newsrooms across the United States took a severe hit to operations during the pandemic, even while readership increased significantly. Like many businesses, it was an unstable and damaging time; more than 70 local newsrooms have shut down over the last year. This problem has been in the works for more than a decade, as print […]

With energy prices on the rise, numerous large hedge funds are rallying to bolster Norwegian Energy Company (Noreco), a struggling North Sea oil and gas company based in Denmark. The hedge funds, which include Taconic Capital, CQS, Caius Capital, Astaris Capital, York Capital and Kite Lake Capital, have built positions in the company whose shares […]

Paul Frost-Smith announced he is starting a new multi-strategy arbitrage fund based in Grand Cayman Island. Frost-Smith was formerly a manager at JP Morgan and Credit Suisse. The fund is called Argentium Chimera and will combine three investment strategies inspired by forex investing but adapted to account for the higher volatility and lower liquidity of […]