Some hedge funds caught short on Tesla run-up
Posted: July 8, 2024
Tesla stock, which had lagged the other “Magnificent Seven” stocks this year, is now making up for lost time. On [Read More]
Brevan Howard eliminates management fee in Alpha Strategies fund until Jan 2025
Posted: July 2, 2024
In order to compensate for its high pass-through expense shouldered by investors, Brevan Howard temporarily eliminated the 1% management fee [Read More]
Performance Round-Up II: Large hedge funds generally post gains but lag stock market
Posted: July 2, 2024
Multi-strategy funds that have a relatively large exposure to the stock market tended to perform better than those focusing on [Read More]
Sightings….
Posted: July 2, 2024
Andrew Chin, who has been at AllianceBernstein for 27 years, has been named the firm’s first director of artificial intelligence. [Read More]
Performance Round-Up: Multi-Strats have solid first-half gains
Posted: July 2, 2024
Multi-manager firms continued on a strong pace in June, resulting in solid returns for the first half year. For comparative [Read More]