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

An artificial pacemaker (serial number 1723182) from St. Jude Medical, with electrode.
©Steven Fruitsmaak/Wikimedia Commons

Muddy Waters-St Jude: heart attack

Despite a series of good bets, the hedge fund’s short call on devices maker is challenged

Chinese Shares Up 3.97% As Regulator Denies IPO Rumour...NANJING, CHINA - FEBRUARY 6: (CHINA OUT) An investor walks pass the electronic display board at a stock exchange on Febraury 6, 2009 in Nanjing, Jiangsu Province of China. Chinese shares went up 3.97 percent today as the China Securities Regulatory Commission denied the market talk that initial public offerings (IPO) would be re-launched. (Photo by An Fu/ChinaFotoPress/Getty Images)

Dutch flash trader IMC hit by China probe

Latest fallout from last summer's stock market meltdown

US charity foundations hit by zero returns

Tough choice of eating into endowments or cutting activities

China poised for credit default swap market

People’s Bank of China looks set to approve the hedging schemes

Pensions: Low yields, high stress

In the first article of a series, the Financial Times examines a creeping social and political crisis

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

Politics to set pace for Brazil’s markets

Race for yield draws money in, but is the rally looking tired?

An exterior view of the Bank of Japan in central Tokyo, Tuesday, 16 March 2004.

Nikkei/Topix difference matters more now

BoJ on target to own, indirectly, roughly 5% of the market by next year

Sterling is not yet technically oversold

Speculators are net short British currency futures by record amount

Ex-SAC fund manager bucks trend with launch

New fund comes in worst year for launches in a decade

Steven Cohen builds 5.4% stake in Square

Hedge fund investor acquires holding in Dorsey’s payments group

Brent crude climbs on output freeze hopes

Many traders and analysts are sceptical a deal will be reached

Activist Elliott scores successes in UK

Group criticised and supported for its role in takeover battles

Paul Singer says bond market is ‘broken’

Elliott Management head warns on state of the global debt market

T Rowe Price accuses Valeant of vast fraud

Fund manager alleges chiefs wiped out billions of dollars in value

Hedge funds: the cost of talent

Bigger is not necessarily better

Hedge fund investors push for hard hurdles

Managers offer fresh incentives as redemption fears grow

Dan Houghton at Chilango. Big Read: Trader with two jobs. 16/8/16
©Anna Gordon

Investment: Rise of the DIY algo traders

Will tech-savvy amateurs be able to beat the market?

SEC says fund used terminally ill in fraud

Patients paid $10,000 for names to be put on brokerage accounts

ValueAct takes $1bn Morgan Stanley stake

Activist hedge fund discloses 2% holding in investment bank

M Stanley: banking on passive activists

ValueAct’s investment needs a leg-up from the Federal Reserve

Oil bulls eye potential production freeze

Opec’s informal meeting in Algeria looms

Richard Mashaal

Senvest swings to gains in volatile ride

Contrarian strategy and long-term outlook helps US hedge fund generate returns for its investors

Lansdowne pushes into renewable energy

New fund will be launched to tap into growing demand

A7KMT1 Greenland shark under ice Somniosus microcephalus Canada Arctic Lancaster Sound Nunavut northern Baffin Island

Sharks hold secret to a longer life

The quest for immortality has gone from laughing stock to biotech stock, writes Anjana Ahuja

Meet the new sheriff of Wall Street

The financial sector has not bought the next Democratic administration, says John Dizard

Hedge funds up bets against Spain’s OHL

Concerns rise over building group’s interlinked debts

CAXCKR Oct 24, 2007 - Modjeska Canyon, CA, USA - Santa Barbara County firefighters battle the Modjeska Canyon fire in the unincorperated section of Orange County with fire. Setting back fires to burn the remaining fuel in efforts to stop the on coming flames. With the winds residing the fire crews take adv
©Zuma Press/Alamy

Private equity clings to ‘2 and 20’ fees

Easy fundraising means managers can resist calls to lower charges

Toscafund ups pressure on Speedy Hire chair

Activist investor says Jan Åstrand has ‘failed to deliver’

Peppa pig childrens tv programme

Entertainment One to reject ITV offer

Commercial broadcaster in bid for majority owner of cartoon franchise

Pascal Blanqué, Chief Investment Officer at Amundi Asset Management and Head of Institutional Business & Third-Party Distributors and Head of Investment Management. Photographed by Magali Delport © for the Financial Times at Amundi offices in Paris

Get used to modest global growth — Amundi

Lack of growth means stock market valuations are justified and investors should return to EM

Many Obama donors have yet to join Clinton

Democrats’ top 2012 donors contribute less during this election 

Lending Club: membership drive

Plucky individual investors could be rewarded for sticking around

Francis Bacon’s ‘Two Studies for a Self-Portrait’, 1970, sold in May for $34.9m

Sotheby’s gains despite weak art market

Shares jump as pre-tax profits rise in second quarter

Elliott buys 5% interest in Meggitt

Hedge fund specialises in pressing for better terms in takeovers

Without Saying Goodbye, Sotheran's Bookshop, 2 Sackville Street, London, UK...LOUIS BACON at a party to celebrate the publication of Maryam Sach's novel 'Without Saying Goodbye' held at Sotheran's Bookshop, 2 Sackville Street, London on 10th November 2009.

Moore Capital founder wins privacy case

Victory for Louis Bacon offers relief from harsher headlines

Movers & shakers: August 8

Legal & General hires Lauren Aitchison for rental housing push

The high price of buying a low-cost stock

Paying more for a good business can provide a far higher margin of safety, says Miles Johnson

The week’s news in brief: August 8

Volkswagen is fighting a complaint from US investors

New Jersey halves hedge fund exposure

State pension group joins others in challenging high industry fees

Hedge funds bolster quantitative know-how

Computer-powered managers attract $879bn of investor inflows