Brexiteer Odey’s fund loses 369 million euros

LONDON (Reuters) – Hedge fund manager Crispin Odey lost about 369 million euros (313.03 million pounds) in the year to Nov. 14 despite being one of the biggest financial winners of Britain’s vote to…

Euro zone nations turn to hedge funds to meet borrowing needs

LONDON (Reuters) – Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks leaving them vulnerable to a debt market sell-off driven by a…

Hedge in the cloud: funds outsourcing computing power step into unknown

LONDON (Reuters) – Tucked into the attic of a Georgian building in London’s West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers…

Hedge fund Eclectica betting on break up of EU

LONDON (Reuters) – Scottish hedge fund manager Hugh Hendry is betting on a break-up of the European Union in a trade he said could deliver 30-35 percent gains, the Reuters Global Investment Outlook…

Omega’s Einhorn sees Trump’s policies boosting stocks

NEW YORK (Reuters) – U.S. stocks are poised to climb more in 2017 as the policies of Republican President-elect Donald Trump are likely to boost earnings, Steven Einhorn, vice chairman of Hedge fund…

Activist investor Oasis Management raises stake in Premier Foods

(Reuters) – Activist hedge fund Oasis Management Co Ltd has raised its stake in Britain’s Premier Foods Plc to 5.18 percent, a regulatory filing on Thursday showed, sending the company’s shares up as…

No excuses for poor hedge fund performance – Lansdowne’s Roden

TEL AVIV/LONDON, LONDON (Reuters) – Hedge funds should stop making excuses for poor performance, the chairman of Lansdowne Partners said on Wednesday against a backdrop of weak average returns that…

Rise in assets, acquisition and buyback boost Man shares

LONDON (Reuters) – Man Group, the world’s biggest listed hedge fund, announced a rise in third-quarter assets under management, an acquisition and plans to buy back $100 million of shares, sending…