Former GIC Portfolio Manager Reuben Abrams to Launch Hedge Fund in London
Reuben Abrams, a former GIC portfolio manager, is set to launch Adira Investment Management, a London-based hedge fund focusing on corporate credit markets. With a strong track record and over 17 years of experience, Abrams aims to capitalize on the credit market’s potential. Credit-focused hedge funds have recently outperformed the broader industry, adding to the […]
Funds begin progress aiming for the peak of the U.S. interest rate: McGeever
Hedge funds have begun making bets for the year 2023 on the following scenarios: U.S. interest rates are about to peak; the Federal Reserve will maintain higher rates for longer; and the dollar will fall significantly.Considering the economic data, financial sector movements and language from U.S. policymakers during the first week of 2023, this would […]
Rocky market giving macro funds a boost
Hedge funds that bet on bonds, currencies, stocks and commodities are among the industry’s biggest winners this year easily outpacing growth and tech funds’ returns and preparing to see significant inflows of capital as the stock market hovers near bear market territory. So-called global macro funds returned 10.3% in the first four months of the […]
Hedge fund third point buys stake
Hedge fund Third Point has built a large stake in Royal Dutch Shell. They called on the oil major to split into multiple companies. This is for increasing its performance. Billionaire investor Daniel Loeb’s New York-based firm, owns roughly $750 million in Shell. Shell’s market value is nearly $190 billion. Shell, faces mounting pressure from […]