Hedge funds

Billionaire hedge fund manager Bill Ackman criticized the Federal Reserve's latest rate hike, calling it a mistake that he argues could actually make inflation worse rather than curb it. His comments add to a running debate among investors and economists over whether the central bank is tightening policy too aggressively as price pressures persist.

Goldman Sachs is reported to be enjoying a sharp rise in fees from its hedge fund business, according to a Financial Times report on what it calls the bank's hedge fund fee bonanza. The item suggests the Wall Street bank is extracting strong revenues from hedge fund clients, though the full details behind the gains remain sparse in the available reporting.

Volatility across artificial intelligence stocks and oil markets is fueling gains for the dispersion trade, a popular hedge fund strategy that bets on widening gaps between individual stocks and market indexes. As tremors from the AI rally and energy price swings deepen divergence among shares, funds running the trade are profiting, drawing fresh attention to a strategy that had fallen out of favor during calmer markets.

Hedge fund manager Adam Levinson is returning to investing, two years after the collapse of Silicon Valley Bank forced his fund, Graticule Asset Management Asia, to shut down. The fund was hit when SVB's March 2023 failure triggered heavy losses across markets. His comeback is drawing attention as a sign that investors are moving on from the SVB fallout.

A $7.5 billion bond measure to create a California state science agency, designed to operate independently of the Trump administration's federal research policies, will go before state voters. The plan would fund scientific research at the state level as a hedge against federal funding cuts and political interference under Trump. Supporters frame it as protecting science from Washington; opponents are likely to question the cost.

Researchers at MIT have built an AI-driven hedge fund system, and a new guide circulating online explains how people can use it. The project applies artificial intelligence to investment decision-making, and interest is growing among traders and tech audiences who want to test AI tools in financial markets. Details on the fund's performance and accessibility remain limited.

The comment period has closed on California's Office of Health Care Affordability's proposed emergency regulations, which would expand reporting requirements for health care transactions involving private equity firms, hedge funds, and management services organizations. The rules would require more disclosure of financial backers behind deals in the state's health care market. Stakeholders in health care and investment communities are weighing the impact on deal activity and oversight.

Hedge-fund managers are no longer able to benefit from a lucrative tax strategy, according to a Wall Street Journal report. The change removes a significant financial advantage for managers in the industry, prompting discussion among investors and tax professionals about the implications for fund compensation and after-tax returns.

A report looks at how Millennium and other major hedge funds performed during a volatile September, grading their returns and risk management against turbulent markets. Coverage focuses on which multi-strategy funds protected gains and which stumbled, as investors watch how the industry's biggest names handle shifting rates and macro uncertainty.

Hedge fund CEO Ken Griffin has made the single largest donation ever given to a United States university, according to a report by Fast Company. The gift sets a new record for higher-education philanthropy in the country, adding to Griffin's history of large-scale giving to academic institutions and drawing attention to the growing role of billionaire donors in university funding.

ETF provider HANetf has launched what it describes as the first bitcoin fund hedged against the euro, aimed at European investors seeking exposure to bitcoin without euro currency risk layered on top. The fund tracks bitcoin's price while neutralising fluctuations between the euro and the dollar, in which most bitcoin trading is denominated. Coverage so far is limited to the initial launch announcement, with reactions still emerging across the crypto and ETF sectors.

Billionaire hedge fund manager Ken Griffin is making the largest donation to higher education in United States history, according to an exclusive report. The unprecedented gift, if confirmed at its reported scale, would surpass all previous charitable contributions to American universities. The story is drawing widespread attention given Griffin's existing record of major gifts to institutions including Harvard, and debate over the growing influence of billionaire donors on higher education.

Hedge funds based in the Cayman Islands now hold a record $211 billion in US Treasury bills, according to newly reported figures. The buildup reflects the growing scale of the basis trade, in which funds exploit the gap between Treasury futures and bond prices, and highlights how much leveraged money flows through offshore vehicles into short-term US government debt. Analysts are weighing what the concentration means for market stability if positions unwind quickly.

A super PAC backed by hedge-fund billionaire Ken Griffin has spent $5 million to support a Florida Republican, according to Reuters. The outlay highlights Griffin's continued role as one of the biggest Republican donors, funneling money into state-level races where his backing can shape primary contests and shift campaign dynamics.

Robinhood has introduced advanced, hedge-fund-style trading tools to its retail customer base, according to Money Morning. The move would give everyday traders access to sophisticated instruments and strategies once reserved for institutional investors. Coverage is so far limited to the single headline, with no further details confirmed on what the tools include or how they will be rolled out.

UK-based ETF issuer HANetf has launched the first Bitcoin fund that hedges exposure to the euro, allowing European investors to gain crypto exposure without bearing euro-dollar currency risk. The move signals growing demand from continental European investors for regulated crypto products and marks a further step in the mainstreaming of Bitcoin investment vehicles.

Steve Cohen's hedge fund Point72 has hired the former head of JPMorgan's equities central risk book, according to a report by eFinancialCareers. The hire signals continued competition between hedge funds and investment banks for senior trading talent, with funds increasingly recruiting executives with experience running large internal equities trading desks.

Investor Michael Burry, known for predicting the 2008 housing crash, is leading a group filing a lawsuit to block a housing development in Silicon Valley. The project, backed by Bloomberg's report, would add homes to an area with a severe housing shortage, and the legal challenge is drawing attention given Burry's reputation for contrarian bets on real estate.

Brightline, the US private passenger rail company, is offering hedge funds that have resisted its debt restructuring a 4.75% equity stake in an effort to bring them on board. The proposal aims to win over remaining holdout creditors as the company works to put its finances on a firmer footing. Details of how the holdouts will respond were not immediately available.

ProShares has declared a monthly distribution of $0.0390 per share for its Short Bitcoin ETF, the fund designed to deliver inverse exposure to bitcoin's daily performance. The payout gives investors in the hedging product a small periodic income component, and the announcement is circulating among crypto and ETF traders tracking bitcoin-linked fund flows.

Goldman Sachs Asset Management is drawing attention to hedge funds as a broader investment opportunity, arguing the asset class offers an expanding set of strategies for investors. The piece reflects growing institutional interest in alternative investments as markets stay volatile and investors look beyond traditional stocks and bonds for returns and diversification.

Ken Griffin, the hedge fund CEO of Citadel, has donated $3 billion to Carnegie Mellon University, a gift tied to his broader investment in Florida. The donation is one of the largest ever made to a US university and is linked to Griffin's push to expand the school's presence in the state, part of his wider bet on Florida's future.

Alternative IQ has announced its list of top contenders for the 2026 Canadian Hedge Fund Awards, an annual program recognizing leading hedge fund managers in Canada. The announcement highlights the firms seen as strongest performers heading into next year's awards. Industry observers are watching the shortlist as an early signal of which Canadian funds are positioned for recognition in 2026.

Hedge funds now hold a record 7% of the $30 trillion US Treasury market, according to a new report. The figure highlights how heavily leveraged funds have become major players in government debt trading, often through basis trades that exploit small price differences between Treasuries and futures. Analysts are watching the growing share closely, since rapid unwinding of such positions could add volatility to a market that underpins global finance.

A hedge fund managing around $20 billion is being held up as proof that a new generation of AI-driven investment firms is already operating at scale, largely outside public attention. The story argues these funds rely on artificial intelligence rather than traditional stock-picking, and that their growth suggests machine-led strategies are becoming a major force in institutional investing.