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.
Haircuts, hedge funds, holy water end Healthscope's white-knuckle ride
There were two great furphies about Healthscope's receivership. The first was that its hospitals would be shut down – they weren't, and particularly not once the country's biggest and most politically aware lender, Commonwealth Bank of…
Crispin Odey loses appeal against lifetime ban from UK financial services industry
The former hedge fund boss Crispin Odey has lost a legal challenge to overturn his lifetime ban from the City for trying to “frustrate” investigations into sexual harassment allegations against him. A ruling by judges at the upper…
Schonfeld's macro team has been on a growth tear, despite the departure of most of the starting team
Schonfeld Strategic Advisors' macro unit won't stop growing, even though early-day hires have left the $23 billion firm. The group — which invests across asset classes based on where it thinks global interest rates, inflation, and other…
DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated Trading
Shares of DraftKings Inc. (NASDAQ: DKNG) and Flutter Entertainment plc (NYSE: FLUT) soared on August 28 after the Ninth Circuit Court of Appeals ruled that sports-related contracts at issue were not 'swaps' under federal commodities law, clearing…
Crispin Odey loses challenge over City ban after sexual misconduct allegations
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Former hedge fund manager Crispin Odey has lost a legal…
Prediction markets are becoming more professionalized, but also harder to beat
Prediction markets are attracting more professional liquidity, which is expected to make pricing errors and arbitrage opportunities harder to exploit. That could squeeze traders whose strategies rely on market inefficiencies. Ordinary traders may…
China's DeepSeek hires dealmaker as CFO ahead of possible IPO
Sept 14 (Reuters) - DeepSeek plans to hire Yan Wentao, a partner at venture-capital firm GL Ventures, as its first chief financial officer, two people with knowledge of the matter said, as the Chinese AI startup prepares for a…
Odey showed 'arrogant entitlement' in bid to overturn City ban, regulator says
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Former hedge fund manager Crispin Odey “acted to…
Super El Niño Spurs Traders to Place Early Bets on Mild Winter
Global weather traders have been rushing to bet that an unusually powerful El Niño will mean a mild winter in the Northern Hemisphere. The weather phenomenon is projected to push global temperatures higher, with a 75% chance of surpassing…
Crispin Odey loses challenge over City ban after sexual misconduct allegations
Former hedge fund manager Crispin Odey has lost a legal challenge against the Financial Conduct Authority (FCA) over its decision to ban him from the UK finance industry over the handling of allegations of sexual misconduct against him. Mr Odey…
Odey showed 'arrogant entitlement' in bid to overturn City ban, regulator says
Former hedge fund manager Crispin Odey “acted to save his own skin” during an investigation into sexual misconduct allegations against him and showed “arrogant entitlement”, the Financial Conduct Authority (FCA) has…
Trump's Crypto Push Opens Perpetuals Race to Singapore Exchange
Singapore Exchange Ltd. is preparing to offer its cryptocurrency perpetual futures to US institutions, making it the first major traditional exchange to bring one of crypto's favorite trades into the mainstream. The exchange filed with the…
Apple's iPhone Duo Will Elevate EPS And Propel The Stock Price (NASDAQ:AAPL)
D.M. Martins Research 21.41K Followers Apple launched the iPhone Duo, its first foldable smartphone, priced at a premium $2,000, significantly above prior flagship models. The iPhone Duo is expected to boost AAPL's average selling price and…
Scott Bessent made his fortune betting against policies like these
If in 1992, the United Kingdom made the gross economic policy mistake of trying to defend an overvalued currency, today, Bessent is going along with economic policies that are making the country's public finances even more unsustainable than those…
Can Stocks Overcome These 3 Bearish Narratives?
The Fed is expected to begin raising rates this week, shifting the market into a more restrictive policy environment and increasing the credibility of bearish narratives around rates, inflation and slowing growth. Higher long-term rates are a…
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