Opalesque Exclusive: Why Chenavari as European credit manager writes white papers on packaging... [more]Matthias Knab, Opalesque: Credit hedge funds do not usually publish studies of close to 80 pages on beer bottles, shampoo pouches and paper coffee cups. Chenavari Investment Managers, the London-based European alternative fixed income manager founded by Loic Fery in 2008, just did. Decarbo

Allocators double their pace into hedge funds as equity long/short carries the first half... [more]Matthias Knab, Opalesque for New Managers: Hedge fund allocators have sharply accelerated their deployment this year, and equity long/short rather than macro has been the strategy that delivered. These are the headl

Washington gave macro hedge funds a lot to work with in August... [more]Hedge funds gained 1.1% in August according to PivotalPath, while global macro and managed futures strategies each returned 2.4% as bond and currency markets reacted to government intervention. Discretionary macro gained 2.5% and quant macro 2%, with managers repositioning across the US dollar, Trea

ADIA boosts targets for private equity and hedge funds after strong 2025... [more]Abu Dhabi Investment Authority raised its private equity allocation range to 15%-20% from 12%-17% and financial alternatives, including hedge funds, to 7%-12% from 5%-10%. The sovereign wealth fund also cut its real estate target range to 2%-7%, although it said absolute property exposure remained s

Stockpickers built to win in any market are struggling in this AI-dominated one... [more]Market-neutral hedge funds are lagging badly in 2026 as an AI-driven equity rally rewards concentrated long exposure rather than diversified stock selection: the average market-neutral fund has gained less than 4% while the S&P 500 is up more than 12%. Freestone Grove Partners is down 5.3% and Holoc

Citadel hands international equities leadership to Elliott veteran Nabeel Bhanji... [more]Nabeel Bhanji joined Citadel in 2025 as Head of Strategic Equity Investments. He also serves on Citadel's Portfolio Committee. Citadel's international equities business comprises Citadel International Equities, its long-running division.

Hamza Lemssouguer's Arini Capital Management is still thriving, and hiring... [more]Arini Capital Management was reportedly down 8% in July and another 1% in August following losses on investments including Aston Martin and Altice International, but sources say the firm's longer-term performance and business remain stronger than recent headlines suggest. The USD20bn credit hedge fu

Bank of Korea links Situational Awareness leverage to KOSPI crash... [more]The Bank of Korea, in its semiannual monetary policy report, named U.S. hedge fund Situational Awareness, stating that the fund operated South Korean memory chip stocks with leverage of up to 4x, making it one of the drivers behind the July KOSPI crash. The central bank warned that offshore derivati

Goldman Sachs warns AI investment boom won't last forever... [more]Goldman Sachs chief economist Jan Hatzius says the AI investment boom is a major structural shift but warns that spending will eventually slow and some investments may prove unproductive. Goldman estimates global AI capital expenditure at roughly USD1.019tn in 2026, while Hatzius has argued that AI

Credit Edge: Andromeda fears 'Titanic' debt disaster... [more]High global government yields are a growing threat to corporate debt markets, according to London-based hedge fund Andromeda Capital Management. "You either have to let long-term yields go up - and with that you can cause a credit crunch, especially with all the AI borrowing that's happened

Every dividend check Donald Trump promised, then what happened next... [more]Donald Trump has proposed a USD5,000 "dividend" for every adult American if Republicans win control of both chambers of Congress in the midterm elections, a plan estimated to cost more than USD1tn and requiring congressional approval. Earlier proposals included a USD5,000 "DOGE Dividend" linked to g

Europe's shrinking bank liquidity fuels hedge fund rates bet... [more]Hedge funds including Citadel and Schonfeld are piling into an arbitrage trade in euro money markets as shrinking bank liquidity tightens financial conditions. They are betting that two key euro short-term interest-rate benchmarks will rise at different speeds and aim to profit as the spread between

Investment heavyweight EnTrust Global launches new USD1.3bn fund... [more]EnTrust Global's Blue Ocean maritime finance platform has closed Blue Ocean Income Fund IV with USD1.3bn in commitments, its fourth rated-notes insurance fund and its largest to date. The vehicle is designed primarily for US insurance investors seeking capital-efficient exposure to maritime lending

Paul Tudor Jones says AI is like a 'Category 6 hurricane' heading for humanity... [more]Tudor Investment Corporation founder Paul Tudor Jones has compared rapidly advancing artificial intelligence to a "Category 6 hurricane", warning that increasingly powerful systems could eventually move beyond meaningful human control. Jones argues that the US and China need to cooperate urgently on

Why the CEO of a massive hedge fund is helping to lead Global Citizen... [more]Bridgewater Associates CEO Nir Bar Dea serves on the global board of Global Citizen, the advocacy organization focused on ending extreme poverty. His involvement extends a relationship between Bridgewater and Global Citizen that has included initiatives aimed at widening opportunity and using the he

Bill Ackman: The billionaire investor putting his influence behind Israel... [more]Pershing Square founder Bill Ackman has become one of the most prominent American business figures publicly supporting Israel and campaigning against antisemitism, particularly on US university campuses. Ackman and his wife Neri Oxman bought a 4.9% stake in the Tel Aviv Stock Exchange for about USD2

How to make USD32bn in hedge funds by letting people do what they like... [more]Millennium founder Izzy Englander has built one of the world's largest hedge fund businesses by allowing portfolio managers substantial independence while enforcing strict risk limits. Teams can pursue their own strategies, but losses can lead rapidly to capital reductions or dismissal, combining in

Millennium hires ex-Nomura stock derivatives trading head Oji in Tokyo... [more]Millennium Management has hired Tomiyuki Oji, formerly Nomura's head of flow equity derivatives in Tokyo, as the hedge fund continues expanding its investment team in Japan. Oji previously spent about 15 years at Goldman Sachs before joining Nomura in 2023, giving Millennium another senior derivativ

Jane Street becomes leading block trader in Asia after Segantii demise... [more]Jane Street Capital has emerged as a leading player in Asia's multibillion-dollar block trading industry, filling a void created by the closure of Simon Sadler's Segantii, in a sign of how the proprietary trading firm is muscling into areas previously dominated by hedge funds.

Elliot Investment buys USD2b stake in Northern Star Resources... [more]Elliott Investment Management has built an economic interest of about 5.6% in Australian gold miner Northern Star Resources, making it one of the company's largest investors. Elliott is pressing for substantial board changes, a comprehensive strategic review and operational improvements, arguing tha

And, finally: That will dry it in a minute, probably much less... [more]From UPI: British engineer Ruth Amos hosts the YouTube channel "Kids Invent Stuff," where she and her team take ideas submitted by children and turn them into a reality. Amos, who previously built the world's largest electric toothbrush and the tallest 3D-printed plastic-brick Christmas tree, has no