Hedge Funds

Byju's lenders ready for loan restructuring but want $200 mn prepayment

Byju's has volunteered to raise the interest rate for the loan by about 200 basis points (bps), but it has not agreed to the prepayment clause so far

'Greatest ever': Citadel made nearly $16 billion for clients in 2022

The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds

How two Pythagoras crypto hedge funds dodged the market collapse

Pythagoras Investment Management LLC has two funds that have been rare bright spots in a market that's been eviscerated by a number of scandals

Some hedge funds face steep losses after betting on the hot sectors

Data from Hedge Fund Research shows the HFRX Global Hedge Fund Index slipped 1 per cent in May, leaving it down 3.31 per cent for 2022 till date

An obscure corner of Wall Street is making billions trading inflation

Small teams have been making the most of global price shocks with volatile trades

Seeking alpha returns, shunning scrutiny: funds bank on private markets

The appetite among thousands of attendees at a trifecta of hedge fund and alternative asset conferences in Miami at the end of January to find new avenues for 'generating alpha' was palpable

Govt tweaks spending norms for Contingency Fund of India

The fund is held by the Department of Economic Affairs on behalf of the President of India and it can be operated by executive action

Hedge fund winners and losers turn extreme in wild Asian markets

Chinese regulatory tightening ensnared industries ranging from e-commerce and after-school tutoring to ride-hailing, sending two gauges of Hong Kong-listed stocks to the biggest declines

9 hot new hedge funds launched by leading women of the finance world

'It is a watershed moment to have multiple female-led hedge fund launches,' says Dominique Mielle, a former partner and portfolio manager at Canyon Capital

Stock pros are as hedged as ever under record-smashing S&P rally

Big institutions are still paying a decent premium to hedge the S&P 500 Index compared with how tranquil the benchmark has actually been lately

As US markets set new records, hedge fund managers aren't buying the frenzy

A virtually uninterrupted march higher in the major indexes has pushed volume in the day trader flier-of-choice, bullish call contracts, to some of the highest levels in history

When investors come knocking

As the industry has matured and the gap between the returns has narrowed, public and private markets have begun to overlap

Money in the game: Football is the next big thing for hedge funds, PE

European soccer has always been desperate for cash, but that's grown more acute after the pandemic kept crowds away from stadiums

Indian hedge funds beat Asian, EM peers; provide 6.6% returns in May

Provide 6.6% returns in May; rebound comes after retreat in April as 2nd wave took hold

Credit Suisse made $17.5 mn in Archegos fees in year before $5.4 bn losses

The lenders have collectively lost more than $10 billion in the fallout

Credit Suisse board member Gottschling to exit after Archegos debacle

Credit Suisse emerged as the big loser in global investment banks' race to exit trading positions as Archegos collapsed

Category-III AIFs increasingly forego lock-ins, turn to open-ended schemes

Majority of funds now open for subscription have no lock-in

Cazoo agrees to $7-bn SPAC deal with Dan Och in blow to London

The firm previously weighed plans for an initial public offering in London

Dollar dominates as hedge funds cut shorts on Treasury yield rise

Turkey's shock weekend decision to replace its hawkish central bank governor also supported the dollar's safe-haven appeal.

Gold 'failing' as equity hedge, faces risks: Global money manager BlackRock

Bullion is proving to be a less effective hedge against moves in other assets, such as stocks, as well as inflation, according to Russ Koesterich, portfolio manager for BlackRock