Hedge fund boss was barred from sector over response to allegations of sexual harassment and assault
Plus, St James’s Place, hedge fund correlation and Michael Sheen’s debut play
Deal brings to an end the hedge fund’s nine-year investment in the Italian football club
Firm was heavily dependent on fees earned from deals for bankrupt auto-parts supplier
The ascent of Druckonomics
Correlation with equity benchmarks hits highest in at least five years, raising concerns over performance during downturns
Insider bets, low liquidity and regulatory gaps complicate efforts to turn wagers into financial tools
And a lot of hedge funds are probably hating it
Billionaire’s firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector
TCI’s 2025 gain for investors was the industry’s largest, according to annual ranking
The strategy now accounts for over 6% of the US government bond market, according to Morgan Stanley
Odey Asset Management’s plan to ‘cease trading activities’ comes after founder’s fall from grace over sexual misconduct claims
Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics
Helios Strategic Advisors is latest firm drawn into scandal over bankrupt US auto parts maker
Plus, funds brace for AI ‘reckoning’, US jobs and Grayson Perry
Rokos Capital returned 31% in 2024 following wild swings in equity, bond and commodity markets
Contentious restructuring has led to rare public fight between holders of derivatives designed to protect against default
Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients
Profits available to be shared by partners fell by a fifth to £61mn for year to March 2025
Plus, Wells Fargo’s investment banking ambitions and hedge funds race for Venezuela’s esoteric debt
Fund paid $81.6mn dividend to another group company controlled by billionaire financier
US capture of Nicolás Maduro lifts hopes that country will make good on some debt
Plus, the questions swirling around Warren Buffett’s successor and the property deals buoying UK supermarket chains
Broad Reach, Winterbrook and Allianz among those making gains as debt jumps in price
Hedge fund titans recover after weak start to year but fail to keep pace with some smaller firms
