LONDON Hedge funds turned their most bullish on the euro in well over six years last week, betting it will rise in value and put a gloss on what has so far been a mediocre year for returns.
LONDON Shares in British hedge fund Man Group rose 4 percent on Friday after a rise in third quarter assets and a new share buyback was announced.
LONDON Struggling to make money in a world of ultra-low volatility, hedge funds are taking bigger - and riskier - gambles in foreign exchange markets.
LONDON Hedge funds are looking past the euro's drop this week and remaining bullish, encouraged by an improved economy and political stabilisation.
AMSTERDAM U.S. credit hedge fund Marathon Asset Management sees buying opportunities in British non-performing loans as Britain's economy slows down following its vote to leave the European Union, the fund's chief executive said on Thursday.
LONDON The Bank of England just gave hedge funds a bloody nose.
(This version of the September 18 story corrects to read S&P Global Market Intelligence, paragraph 6)
LONDON South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters.
LONDON Scottish hedge fund manager Hugh Hendry, famed for his combative style, is shutting the fund he founded 15 years ago after two back-to-back years of losses, according to a letter to investors seen by Reuters.
LONDON Paddy Power Betfair, the FTSE 100 gambling company, has held talks to explore a possible tie-up with Australia's CrownBet, the online betting unit of Crown Resorts, two sources familiar with the matter said on Friday.
MUMBAI Standard & Poor's stuck with its "BBB-minus" sovereign rating and "stable" outlook for India on Friday, declining to follow Moody's recent decision to upgrade the country's rating, citing low income levels, high debt and weaker government finances.