Recent data highlights a continued trend of smaller and mid-sized hedge funds outperforming their larger counterparts across several performance metrics. In 2023, funds managing under $1 billion posted strong double-digit gains, with macro and event-driven strategies delivering particularly strong results. This performance has drawn attention to the agility of smaller managers and their ability to […]

Veteran hedge fund manager Richard Perry is making a comeback after closing Perry Capital in 2016. The 70-year-old investor has joined Olympus Peak Management, a distressed credit firm founded in 2018 by his protégé Todd Westhus. Perry, Westhus, and Matt Englehardt, another former Perry Capital executive, have started raising a new distressed fund, targeting a […]

Retail investors who fueled the meme-stock craze are now becoming a resource for hedge funds and asset managers, thanks to a new partnership between Intercontinental Exchange Inc. (ICE)and Reddit Inc. The agreement will allow ICE to develop data products using the vast troves of Reddit posts, comments, and videos. The goal is to analyze trends […]

Under President Javier Milei’s leadership, Argentina has emerged as one of 2024’s most compelling investment narratives, marked by dramatic economic reforms and improving market conditions. The country’s transformation is perhaps best illustrated by its remarkable inflation trajectory. The International Monetary Fund projects annual inflation to fall to 45% in 2025 from a staggering 211% in […]

Hedge funds are increasingly investing in nuclear-power producers, anticipating a surge in electricity demand from the artificial-intelligence (AI) sector. A recent analysis of 697 funds with over $3 trillion in assets under management reveals this trend. In the third quarter, money managers continued to add nuclear-sector stocks to their portfolios, even as they reduced positions […]

Nissan Motor Co. shares jumped 21% last week after activist investor Effissimo Capital Management acquired a 2.5% stake in the struggling Japanese automaker. Suntera (Cayman) Ltd., a trustee of ECM Master Fund, was listed as the buyer. ECM Master Fund has previously been linked to Effissimo, a Singapore-based hedge fund known for investing in distressed […]

Farrer Capital Management Pty has closed its fund to new investments after reaching its $500 million target, establishing itself as a rare specialist in agricultural commodity trading. The fund, led by former Merricks Capital Head of Commodities Adam Davis, aims to capitalize on opportunities driven by geopolitical tensions and climate change. The closure highlights a […]

Hedge funds are making significant moves into Chinese stocks, betting on a swift economic recovery fueled by Beijing‘s stimulus measures. This trend has caught the attention of major players in the industry, with US-based Mount Lucas Management taking bullish positions on China ETFs, while Singapore’s GAO Capital and South Korea’s Timefolio Asset Management focus on […]

In a significant move that merges the worlds of finance and media, hedge fund titan Paul Marshall has acquired the influential British publication, The Spectator, for £100 million ($131 million). This acquisition marks a notable expansion of Marshall’s media portfolio, which already includes investments in UnHerd and GB News. Marshall, the chairman of Marshall Wace […]