Hedge Funds

Follow funds as they adjust their positions amid some of the biggest gains on equities markets since the peak of the financial crisis

The Puerto Rico problem is getting bigger

The island is setting a precedent for how to handle defaults of US municipal bonds, says John Dizard

Guidance keeps investors in the picture

Wall Street worries about short-term targets demand radical rethink on disclosure

WASHINGTON, DC - OCTOBER 16: Baroness Shriti Vadera speaks onstage at the FORTUNE Most Powerful Women Summit on October 16, 2013 in Washington, DC. (Photo by Paul Morigi/Getty Images for FORTUNE)

Elite crew to steer City through Brexit

Impressive roster of senior financiers to co-ordinate contact with ministers

SABMiller Niger, Credit: Tom Parker/OneRedEye...SABMiller Plc. Nigeria. Credit: Tom Parker/OneRedEye

Elliott attacks £71bn SABMiller takeover

US hedge fund adds to investor concerns about payout options

Pimco seeks to draw a line under turmoil

New chief marks fresh start after two years of outflows

Special reports

Traders on the NYSE floor ©Bloomberg

Since 2009 the industry has underperformed the market. But in 2012 a few winners have been found

illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

JPMorgan oil trader takes over commodities

Katz appointed as bank rebuilds presence in commodity markets

Asset managers assess impact of Brexit

Groups to report on how the vote has affected earnings

Emmanuel Roman (Manny Roman) MAN Group

Man Group: handy Manny

An improved company in an industry that is getting tougher

Cometh the hour, goeth the Man(ny)

London hedge fund group chief executive is heading stateside

©FT montage; Bloomberg

Profile: Emmanuel ‘Manny’ Roman

No-nonsense reformer given credit for turning hedge fund around

Pimco poaches new CEO from Man Group

Bond fund group shakes up management team with external hiring

CN8A3G Bolsover Castle in Derbyshire England

The best economists have dirty shoes

When pure data will not crack it . . . use ‘ground truth’ too, writes Sarah O’Connor

Funds suffer worst outflows in a year

European investment products suffer amid Brexit concerns

Elliott launches legal action against BEA

US hedge fund hopes to pave way for trade sale of Hong Kong lender

Asset management: Actively failing

As investors pour into index-tracking funds, asset managers are seeking new strategies to keep them on side

Larger asset managers are considering Dublin moves
©Getty Images

Hedge funds prepare to lobby on Brexit rights

Issues include consistency of regulation and staff visas

Hedge funds open doors to ‘end’ secrecy

Companies address concerns about secrecy and poor performance

Ackman bet sours as Herbalife settles

Hedge fund manager’s pyramid scheme claim is not accepted

Former CME trader Michael Coscia, owner of New Jersey-based Panther Energy Trading, leaves court after a jury has convicted him of commodities fraud and “spoofing”, in the US government’s first criminal prosecution of the banned trading practice. Image credit: Nancy Stone/ Chicago Tribune
©Nancy Stone/ Chicago Tribune

US ‘spoofing’ trader given prison term

Coscia sentenced to three years for illegal futures dealings

Hedge funds struggle with ‘hated’ rally

Sour message about economic health sent by record low bond yields

Riding high on the yen and the dollar

Macro hedge funds get some relief, but search for yield is going to get tougher

Illustration by James Ferguson of Philip Tetlock
©James Ferguson

Philip Tetlock, professor

The sage of ‘superforecasting’ talks about the Brexit curveball and why political pundits get it wrong

Hedge fund reinsurers: underwhelming

Underwriting profits have been poor, investment returns scarcely better

Low rate fears hit European banks’ shares

Euro Stoxx banks index hits record lows

Bumper US crop prospect hurts grain bulls

Rainfall in Midwest takes prices off highs

Fund managers look at leaving London

Survey after Brexit suggests some are starting to rethink UK base

Hedge funds have little to show from Brexit

Many managers sat out the initial sharp market swings

Property lock-ins rock investment market

Schroders, Man Group, Aberdeen, Jupiter suffer share price falls

Shareholder activism arrives in China

Indus Capital Partners seeks bigger payouts for investors in China Mobile, an idea with merit

China’s HNA group aims to do more deals

Conglomerate has launched several takeovers this year

Point72 mines social media to lure traders

Steven Cohen’s family office seeks to heal tarnished image

Bond vigilantes expect eurozone fireworks

US hedge funds look ready to bet that without ever-closer union, the eurozone will break up

Reports of US activist invasion overblown

Domestic investors have greater success at companies they target, says Owen Walker

Summer reading 2016: Business

Andrew Hill picks his books of the year so far

Janus buys into ex-Pimco manager’s fund

Investment group backs Vineer Bhansali’s hedge fund

Brexit: interest rate outlook will shift

Future historians may conclude this is one of the most important ripple effects of the poll

UK credit rebounds as investors return

Bonds for weak UK corporate buyers rebound from post-Brexit lows

GAM buys $4bn hedge fund manager Cantab

Swiss manager builds quantitative investing unit as profits sour

Brexit — trading the longer-term outlook

Investors watch for political impact on gilts and the wider EU

Brexit backers hit by company share losses

Chief executives who supported Leave suffer in stock market rout