Hedge fund wannabes are opting to start with just one client... [more]From MSN: A growing number of new hedge funds are launching with a "one-client" model, securing a single anchor investor to provide stable capital. This approach allows founders to focus purely on performance without the immediate pressure of broad marketing. The trend underscores how the high costs

Fed's Daly calls for Treasury market reforms, hedge fund scrutiny... [more]From Reuters: San Francisco Fed President Mary Daly highlighted the need for structural reforms to improve the US Treasury market's resilience. She pointed to the growing role of hedge funds and other non-bank entities as a potential source of vulnerability that warrants closer monitoring. Her comme

Wall Street upstarts shake up ETF world as 'Big Three' lose ground... [more]From Investment News: A cohort of smaller, active ETF providers is gaining market share at the expense of the giant passive fund managers. These upstarts are leveraging niche strategies and technology to attract flows in a crowded field. The shift signals a potential maturation of the ETF landscape

Point72 splits stockpicking arm in two with a new brand... [more]From Business Insider: Steve Cohen's Point72 Asset Management is reorganizing its core equities business by splitting it into two distinct units. The restructure aims to sharpen focus and accountability within the firm's fundamental discretionary investing teams. One of the new divisions will operat

Citi's family office head Hofmann to leave in latest wealth exit... [more]From Bloomberg: Michael Hofmann, Citigroup's global head of family office coverage, is departing the bank. His exit marks the latest in a series of senior departures from Citi's wealth management division. The move comes as the bank continues a broad restructuring of its services for ultra-high-net-

Private equity consolidation creates a new giant in fund manager secondaries... [more]From CNBC: A wave of consolidation is sweeping the private equity secondaries market, creating a new dominant player. Firms like KKR, Carlyle, EQT, and CVC are actively involved, aiming to achieve greater scale and operational efficiencies. The trend is driven by a surge in demand for liquidity solu

Shorting Xiaomi is consensus among hedge funds, Goldman says... [more]From MSN: Goldman Sachs analysis indicates that bearish bets against Chinese tech firm Xiaomi have become a consensus trade among hedge funds. The positioning reflects deep-seated concerns over the company's competitive position and broader China consumer sentiment. The high level of short interest

Why South African investors should be considering hedge funds right now... [more]From Business Tech: Amid persistent volatility in local equity and bond markets, South African investors are being urged to consider hedge funds for diversification and uncorrelated returns. The asset class can provide a valuable buffer and alpha generation in a challenging macroeconomic environment

Hedge funds sense a rich profit as Domino's goes from bad to worse... [more]From Australian Financial Review: Hedge funds are increasing their short positions on Domino's Pizza Enterprises amid a persistent downturn in its operational performance. The company's profit warnings and declining same-store sales have made it a prime target for bearish bets. Activists are also re

EU's new ESG rules set to sweep up hedge funds... [more]From Pensions & Investments: Sweeping new EU ESG regulations are poised to impose significant new disclosure and due diligence requirements on hedge funds. The rules will mandate how managers integrate sustainability risks and impacts into their investment processes. The industry is bracing for a su

The billionaires who tried and failed to stop Zohran Mamdani... [more]From MSN: A detailed look at the coalition of wealthy donors who poured resources into defeating progressive Zohran Mamdani in the New York mayoral race. Their strategy, which included extensive advertising and political organizing, ultimately backfired and galvanized his base. The failure is seen a

Rich New Yorkers freaking out after Zohran Mamdani's win, but escape options are limited... [more]From MSN: The election of Zohran Mamdani as New York mayor has triggered anxiety among some wealthy residents over proposed tax and housing policies. However, practical options for relocating assets or changing residency are complex and limited in the short term. Financial advisors report a surge in

NYC moguls rip Bill Ackman for congratulating Zohran Mamdani... [more]From New York Post: Prominent New York business figures are criticizing billionaire investor Bill Ackman for his public congratulations to mayor-elect Zohran Mamdani. They view the gesture as legitimizing a political agenda they believe is harmful to the city's business climate. The incident reveals

China's dollar bonds zoom higher after US$118 billion demand... [more]From Business Times: China's latest sovereign dollar bond issue was met with massive investor demand, exceeding US$118 billion in orders. The overwhelming response allowed the Ministry of Finance to price the bonds at a tighter spread than initial guidance. The strong appetite underscores global inv

Hedge Fund Pharo Management Expands Presence in Abu Dhabi with Senior Move... [more]From ODaily: In a strategic expansion of its Middle Eastern operations, Pharo Management is establishing a stronger foothold in Abu Dhabi. The relocation of a senior partner underscores the firm's commitment to tapping into the region's growing pool of capital and talent. This aligns with a wider in

Aussie adviser survey shows major tilt toward small-cap and emerging-market stocks... [more]From The Australian: A recent Fidante Adviser Markets Survey of more than 200 financial advisers found that over 60% are now bullish on Australian small-cap stocks and 57% on global small caps, with 53% positive on emerging markets, nearly double the numbers from April. About one in three advisers p

And, finally: The man with all names... [more]From UPI: Laurence Watkins had his name legally changed in March 1990 to include 2,251 middle names, earning the Guinness World Record for the longest personal name in the process, with 2,253 unique words. Watkins said it took the officiant at his wedding about 20 minutes to read his full name, b