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

City commuters make their way over London Bridge on Friday morning.

City struggles through nightmarish day

Banks plan to move staff to other European cities

Few bright spots in UK traders’ sea of red

Gold miners and groups with global sales are FTSE’s only risers

Jonathan McHugh illustration
©Jonathan McHugh

Spurious accuracy and Brexit doom-mongery

Precise City analysis on what the EU vote might mean underlines need to appear clever

Regulators warn on post-referendum trades

FCA cautions over ‘potential conduct risks’ amid high volatility

Time to trim your hedge funds exposure?

Fund closures outnumber launches

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

Traders plan for all-night Brexit vigil

Banks prepare war rooms for result of vote

Traders eye opportunities after Brexit vote

Hedge funds and asset managers have stockpiled cash

Classic cars get top marques for returns

Ferraris and Porsches outstrip hedge funds and other investments

Hedge funds: Too many party poopers

While hedge funds claim to be managing funds they do not appear to be hedging anything at all

Collector Christian Levett

The art givers

Collectors who find pleasure in sharing their collections with the public

Ex-Visium fund manager found dead

Sanjay Valvani had been charged with fraud

Timing will be everything for sterling trades

Resist the temptation to trade on flickering Brexit polls

Hedge funds play cool on big Brexit bets

Painful start to year leaves many unwilling to risk heavy losses

Hedge funds look ahead on distressed debt

Investors prepare for falling prices in US credit and real estate

Activist investors enter the classroom

Corporate conflicts are helping academics bring finance theory to life

NH Hotels investors to vote on infighting

Oceanwood seeks to oust directors affiliated with China’s HNA

Hedge funds culled as performance sags

First quarter saw further closures as pressure mounts on fees

Finance geeks must have say on Brexit

As with Lehman, technical points apparent only to experts can set off unpredictable chain reactions

Independent “alts” evolve to fill an investment gap

Vehicles bring clients private equity and hedge fund options

Visium employees charged with fraud

Current and ex-portfolio managers in court over separate schemes

Sir James Dyson, CBE, is a British inventor, industrial designer and founder of the Dyson company. He is best known as the inventor of the Dual Cyclone bagless vacuum cleaner, which works on the principle of cyclonic separation. Here James is photographed carrying out designs in his office at the Dyson factory in Malmesbury, Whiltsire, UK

Brexit donors guided by bitter EU experience

Leading contributors to Leave campaigns have grounds for divorce

Swiss franc

GAM: two and nothing

Swiss group’s profit warning reflects challenge facing hedge funds

GAM shares tumble after profit warning

Fund house hit by shrinking fees and turbulent markets

Hedge Funds: trendy again

Despite some performance issues in the past, CTAs still rake it in

Investors pile into quant funds

$13.7bn in fresh capital allocated in first quarter of this year

Cumulus soars above hedge fund woes

Fear of storms ahead for weather-tracker after rapid expansion

China debt fund at risk amid strategy row

Managers were meant to be benefiting from banks’ problem loans

Hedge fund fees consume 80% of alpha

Investors bear the risks and managers reap the rewards, says Beachhead’s Andrew Beer

Movers & shakers: June 13

BMO Global promotes Richard Wilson to chief executive

Chart: Warren Buffett lunch

Mystery bidder pays $3.5m for lunch with Buffett

‘Power lunch for the people’ helps San Francisco’s homeless and poor

A slimy walk-on role in ‘The Big Short’

Mortgage servicing rights are cheap, illiquid and reviled, says John Dizard

Singapore’s GIC to buy stake in Eir

Fund plans to invest up to $230m in Irish telecoms group

Fidelity snubs Dimon’s best practice plan

Split highlights divisions over corporate governance standards

Sovereign debt: Curing defaults

The payout of $2.4bn from Argentina to Elliott Management spurred efforts to tighten the restructuring process

Brexit angst infects cocoa market

Sterling volatility an extra variable for cocoa traders

Why McKinsey should invest more in the open

The consultancy’s myriad connections would benefit from transparency

Goldman sells hedge fund stakes to AMG

Multi-boutique asset manager pays $800m for Petershill holdings

Quantopian prepares for investor push

Crowdsourced hedge fund appoints former Millennium executive

Inside McKinsey’s private hedge fund

McKinsey quietly runs an investment arm for partners but experts warn of conflicts of interest

Man Group promotes CFO Sorrell

Former Goldman Sachs banker becomes co-president