The Quiet Month: Platforms flat, but positioning shifts underneath - hedge fund news... [more]A week of rotation rather than retreat. Hedge funds spent late August and early September rebuilding the shape of their books, moving out of the crowded artificial intelligence complex and into healthcare, while the multi-manager platforms posted a notably quiet month. Beneath that, three structural

Coffey's Kirkoswald set to launch new EM credit hedge fund... [more]Greg Coffey's Kirkoswald Asset Management is preparing to launch a new hedge fund focused on emerging-market credit as it seeks to capitalize on strong investor demand. The firm is carving the strategy out of an existing product, expanding its emerging-markets business at a time when Kirkoswald

How the AI and the hedge fund talent war pushed Man Group to reimagine its $156bn quant empire... [more]Man Group has merged its AHL and Numeric quantitative businesses into a single $156 billion unit called Man Systematic, bringing together more than 250 employees across locations including London and Boston. The firm says rapid advances in AI are changing both quantitative research and the competiti

The growth and performance of AI-driven investing... [more]Research covering 7,896 US hedge funds from 2006 to 2024 identifies 89 as AI-driven under a strict classification and finds that AI funds initially outperformed non-AI funds by about 6% annually on a benchmark-adjusted basis. That advantage diminished and became statistically indistinguishable from

The AI shift turning everyday investors into mini quant funds... [more]Individual investors are increasingly using AI agents to scan markets, manage positions, produce performance reports and automate sophisticated trading strategies. Broker Moomoo's US chief Neil McDonald says these investors are becoming "mini hedge funds", while one young investor described using an

Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say... [more]Citadel has held talks to acquire US oil production assets and was among the bidders for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford shale operator for $4.06 billion. The hedge fund has also approached private equity owners of other oil-weighted exploration and production

The strategic chess game behind hedge fund giant Citadel's bid for U.S. shale oil assets... [more]Citadel's pursuit of US shale oil assets reflects an effort to deepen its presence in physical commodities alongside its large financial trading operation. The hedge fund bid for WildFire Energy and has explored other acquisitions, with physical production potentially providing a natural hedge again

UK regulator flags liquidity risks at property funds... [more]The UK's Financial Conduct Authority found that liquidity risks among more than 11,000 alternative investment funds were concentrated in real estate funds, where 10% of NAV could be redeemed within 30 days but only 7% of assets were estimated to be liquid over that period. The review found no sy

Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings... [more]Norges Bank Investment Management has proposed reducing government bonds from 70% to 50% of its fixed-income benchmark and changing how sovereign debt is weighted. The overhaul would cut US Treasuries from 34.1% to 21.9% of the bond index, potentially representing roughly $80 billion of sales, while

Hedge funds pose greater threat to US Treasuries than China ever did... [more]Hedge funds have become increasingly important marginal buyers in the US Treasury market as China and other foreign central banks reduce their relative importance. Their large leveraged positions and reliance on repo financing mean a sudden unwind could amplify market stress, raising concerns that h

Dollar debasement is favouring Singapore's currency, analysts say... [more]The Singapore dollar's 120-day correlation with the US dollar has fallen to -0.94, making it the most inversely correlated Asian currency and potentially a beneficiary of further dollar weakness. Strong economic growth, monetary tightening and Singapore's fiscal position are providing additional sup

Which investors will get rich from Anthropic's IPO?... [more]Anthropic's planned blockbuster IPO is set to produce large gains for investors that backed the AI company during its rapid expansion, illustrating how the economics of startup investing have changed as enormous amounts of private capital flow into leading AI businesses. The offering is expected to

Elon Musk's inner circle pours millions into psychedelics as MDMA therapy push gains momentum... [more]A growing number of prominent figures within Elon Musk's personal and professional orbit have been directing significant financial resources toward psychedelic therapeutics companies, part of a broader push to move drugs like MDMA and psilocybin from the fringes of medicine into mainstream mental he

Dutch pension almost doubles hedge fund exposure... [more]Stichting Pensioenfonds Mars almost doubled its hedge fund allocation from 11% to 21% in 2025 while reducing listed equities from 14% to 5%. The EUR1.5 billion pension fund, which has 4,500 members, says its hedge fund managers provide solid returns, low volatility, low correlation with public marke

Thailand's GPF revamps investment strategy to navigate global risks... [more]Thailand's Government Pension Fund is moving away from the strategic asset allocation model it has used for more than 30 years toward a hybrid Total Portfolio Approach. Rather than maintaining relatively fixed allocations to asset classes, the fund will assess its portfolio through factors such as g

Taiwan's BLF funds post 2.5% investment return amid global market volatility... [more]Taiwan's pension and annuity funds overseen by the Bureau of Labour Funds (BLF) generated NT$2.1 trillion (US$66.2 billion) in investment income during the first seven months of the year, despite increasing risk aversion amid global market volatility. The figures translate into 25.02% of averag

Hedge funds hike bullish oil bets to May high as Iran war flares... [more]Hedge funds raised their bullish Brent crude positions by 37,837 contracts to 261,435 in the week ended Sept. 1, the highest level in just over three months. Net-long positions in US oil also reached their highest since June as renewed fighting between the US and Iran heightened concerns about disru

Inflation up news: Diesel bets surge as hedge funds turn most bullish on oil since May... [more]Hedge funds have sharply increased bullish oil positions as renewed US-Iran hostilities raise the risk of prolonged disruption around the Strait of Hormuz. Money managers' net-long Brent position climbed to its highest level since May, while bullish US crude positioning reached its strongest level s

CFTC data shows hedge funds loaded up on yen shorts before the surge... [more]CFTC data show leveraged funds accumulated roughly 138,000 net short yen futures contracts by June 30, their largest bearish position since 2007. The yen subsequently strengthened sharply, forcing funds to unwind a crowded carry trade that had been built around Japan's low interest rates relative to

Engine Capital pushes EPAM for share buybacks or sale, source says... [more]Activist hedge fund Engine Capital, which owns about 1.5% of EPAM Systems, is pressing the software company to aggressively repurchase shares or consider a sale after its stock fell more than 40% this year. Engine argues EPAM could use its roughly $750 million cash balance, future free cash flow and

CI Capital Asset Management plans to launch Egypt's first equity hedge fund... [more]CI Capital Asset Management plans to launch an equity-focused hedge fund before the end of 2026, targeting EGP 250 million in assets within its first year. The move follows new rules issued by Egypt's Financial Regulatory Authority in August allowing hedge funds for the first time and permitting str

Point72 plans to double Japan workforce and capital allocation... [more]Point72 Asset Management plans to double both its workforce and capital allocation in Japan over the next few years as corporate governance reforms create new investment opportunities. Steve Cohen's firm currently employs about 54 people in Japan, and local head Shinji Ogawa says competition for inv

Former Sydney banker caught up in $833m hedge fund collapse... [more]Former Merrill Lynch Australia banker Ashish Patel is one of four principals behind California-based Novus Capital Partners, an offshore hedge fund now being pursued by US authorities after its collapse. Investigators are examining what happened to approximately $833 million as authorities scrutiniz

And, finally: You don't even need to raise your hand... [more]From Newsoftheweird: A teacher in Georgia recently went viral for a special space she made in her classroom -- a "fart corner." Today.com reported that second grade teacher Candy Sydney-Browning created a "gas station" in her classroom for students who just need to let one rip. "I have a very wea