Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hedge Funds Get Jittery on Prospect of UK's Non-Compete Ban
The UK is reviving a plan to make it easier for employees to switch jobs, putting financial firms on edge, as some of the most controversial non-compete clauses in their hiring contracts come under scrutiny once again. The government published a…
UK hedge fund Kernow says this cruise operator's share price could surge by over 400%
A contrarian stock picker has said a U.K.travel, insurance and financial services company could see its share price rise more than 400% in five years. Saga plc, which targets the over-50s, is a 'materially undervalued' business, according to Alyx…
Hedge Funds and Commodities: Key To Inflation-Proofing Your Portfolio?
Investors continue to grapple with the stubborn reality of global inflation, a trend that has outlasted early forecasts and quietly reshaped asset-allocation conversations. Traditional portfolios built around equities and bonds have delivered a…
ChatGPT took on 160 human forecasters in a secret prediction game and landed in a baffling spot
The ability to forecast the future is a valuable sign of intelligence and a good test of AI's capabilities. How good is ChatGPT at prediction ? An answer to this fascinating question emerged recently when economist David Seif wrapped up an annual…
Record High Margin Debt Increases Market Risk
Margin debt has surged to a record $1.2 trillion, growing 45% y/y while the S&P rises at a slower 20% y/y pace. Investor leverage, measured by the margin debt to free credit balances ratio, has reached an unprecedented 6.0, amplifying downside…
Investors are scrambling for portfolio alternatives. A CIO urges caution - especially with private credit
Investors are hunting for greater diversification as market indices grow more concentrated, but a senior investor urged those shifting to alternative assets to be cautious. With more money flowing into private markets, which are under heightened…
Activist Barington Targets Bill Holdings, Pushes Board for Sale
Activist investor Barington Capital Group has taken a stake in business payments firm Bill Holdings Inc., joining Elliott Investment Management and Starboard Value LP, and is urging the company's board to explore a sale. The hedge fund has built a…
Citadel debuts new AI tool for equities investors, CTO Subramanian says
NEW YORK, Dec 3 (Reuters) - Citadel, the hedge fund founded by billionaire Ken Griffin, has launched a new artificial intelligence-powered tool that aims to help investors conduct research on stocks faster and more efficiently, the firm's chief…
Citadel's stockpickers have a new AI sidekick, but the firm warns against 'offloading human judgment
Ken Griffin's stockpickers are using an internal chatbot to speed up their processes and find new info at his $71 billion hedge fund. The tool, rolled out earlier this year, helps the firm's legions of fundamental equity investors find hidden…
Newsom, Kirk, A.I., Trump and Other DealBook Summit Highlights
Andrew here. Wednesday's DealBook Summit created a whirlwind of headlines. My head is still spinning. There were so many fascinating discussions with leaders of great consequence. We've got highlights below. And over the next two weeks, we'll send…
Harvey, a Maker of A.I. Legal Software, Raises $160 Million
As artificial intelligence begins to reshape whole industries, a start-up seeking to help digitize the legal sector is continuing to amass interest — and money. Harvey plans to announce on Thursday that it has raised $160 million in new…
:max_bytes(150000):strip_icc()/GettyImages-1231061514-5424948a4a804776952ccfe3dd884a6d.jpg)
A Major Markets Operator Suffered a Technical Glitch That Left Traders Scrambling. Should You Be Worried?
CME Group's derivatives markets went dark last Friday after a vital data center run by a third party overheated. The technical glitch showed how much global financial markets depend on a few key institutions. The potential for a hugely damaging…
Joe Rogan says Jesus could come back as a robot
The A in AI could stand for “Almighty”, according to a theory put forward by Joe Rogan about what form Jesus Christ could take if he were to return. Interviewed on the American Alchemy podcast, Rogan gave his views on aliens, the…
IIT Students Get 90 Lakh To 3 Cr Offers!
Several IITs have been pushing for a diversification of job profiles as roles move beyond just tech companies and start-ups, particularly with the advent of AI. The Indian Institutes of Technology are witnessing a surge in interest from hedge…
To Meet Your Investment Goals, Focus On Yields Rather Than Spreads
In our view, yields are far more relevant for absolute return investors. For fixed income investors that rely on leverage (i.e., buy bonds with borrowed money), such as hedge funds, spreads are essential. Index-level spreads can oversimplify what…
Receive a Daily briefing on Hedge Fund Industry News
Get Started