September split: Macro and CTAs rally while rate-sensitive hedge fund strategies decline... [more]Matthias Knab, Opalesque for New Managers: Hedge funds posted mixed performance in September. Gains in Macro and CTA strategies were offset by losses elsewhere, as interest rates spiked to an unprecedented degree an

Opalesque Exclusive: Hedge fund gross assets tripled to $13tn since 2013, IMF says, as it calls for better data and targeted tools... [more]Matthias Knab, Opalesque for New Managers: Hedge funds make markets work better in normal times, but their leverage, crowded positions and exposure to redemptions can turn them into amplifiers of stress when conditi

"It bubbles, but it is not a bubble": Helmut Kohl on where family offices should invest in AI... [more]Matthias Knab, Opalesque: Helmut Kohl has lived through a few technology cycles. After more than 30 years in management positions at telecommunications companies, he now runs Helmut Kohl Management, a family office that invests in digital infrastructure, and sits on advisory and supervisory board

Hedge fund Rokos returned 4.2% in turbulent month for trading... [more]Rokos Capital Management gained 4.2% in September despite difficult conditions for many macro hedge funds. The result highlights the wide dispersion in performance among discretionary macro managers as bond yields and currency markets experienced sharp moves.

Chris Rokos wins planning for solar farm at huge Wiltshire mansion... [more]Rokos Capital Management founder Chris Rokos has secured planning permission to develop a solar farm on 40 acres of his 4,500-acre Savernake estate in Wiltshire. The project is intended to supply electricity to Tottenham House, his Grade I listed mansion, despite objections from neighbours. Rokos ha

'The biggest loser' in Washington: Nobel Prize-winning economist says Scott Bessent won't get interest rates down... [more]U.S. Treasury Secretary Scott Bessent isn't known for holding back at the podium. His remarks have made headlines, and some economists seem to have had enough. Nobel Prize-winning economist Paul Krugman argued on Substack that Bessent's recent comments evoke another fiery speaker, former Iraqi Mini

Ripple enters the leveraged ETF swap financing market... [more]Ripple has expanded into financing leveraged exchange-traded funds through Ripple Prime, the prime brokerage business formed after its acquisition of Hidden Road. The company is providing total return swaps and other financing arrangements to ETF providers and hedge funds, entering a market traditio

Marcellus and VanEck launch multi-asset fund in GIFT City... [more]Marcellus Investment Managers has partnered with VanEck to expand its global investment offering for Indian investors through GIFT City. The new multi-asset strategy will combine global equity and bond ETFs with commodities and real assets, offering high-net-worth investors broader international div

Partners Group's fix for cash-hungry investors: split a flagship fund into two tracks... [more]Partners Group is proposing to divide its EUR6.6bn Global Value SICAV into two portfolios, separating older investments from newer holdings that it believes offer stronger growth prospects. Redemption requests reached an estimated 9.8% in the second quarter, prompting a 5% quarterly redemption limit

Trump Accounts are now live. Here's how they work... [more]The US government's Trump Accounts program allows families to establish tax-advantaged investment accounts for children, with a $1,000 federal contribution for eligible children born between 2025 and 2028. The accounts launched in July and have attracted commitments from philanthropists and corporat

Badass Capital Fund I reports 39.92% net return in Q3 2026... [more]Miami-based Badass Capital reported a 39.92% net return on limited partner capital for the third quarter, its first full quarter operating Fund I with outside investor money. Founded by Mark Thomas, the AI-driven fund trades across sports betting, traditional and cryptocurrency markets, and predicti

Ray Dalio warns China and Japan may pull back from U.S. Treasuries, but one economist says hedge funds are a bigger threat... [more]Bridgewater founder Ray Dalio warns that China and Japan may reduce their demand for US government debt, potentially increasing pressure on Treasury yields and federal borrowing costs. However, Federal Reserve research highlights the risks from highly leveraged hedge funds, which held approximately

Private credit issues could lead to more apartment distress, GAIA's Fishman says... [more]GAIA Real Estate CEO Danny Fishman expects more distressed apartment properties to come to market as borrowers exhaust interest reserves and private credit financing arrangements that had temporarily supported troubled loans. Many owners refinanced during the past three years expecting interest rate

Hedge fund Millennium ingested Jain Global's main marketing guy... [more]Chris Mascarinas, formerly Jain Global's managing director of marketing and investor relations, has joined Millennium Management's capital development and investor relations team in New York. He will work within the group led by John Novogratz, a 17-year Millennium veteran. The move follows Jain Glo

AI lifts participation in WorldQuant contest... [more]Registrations for hedge fund WorldQuant's International Quant Championship have nearly doubled to more than 156,000 students from 167 countries, compared with approximately 80,000 last year. The firm attributes the increase partly to AI tools making quantitative research and trading-model developmen

Ethereum's Buterin says AI could undermine Lattice cryptography within two years... [more]Ethereum co-founder Vitalik Buterin warned that AI-accelerated mathematical research could significantly weaken lattice-based cryptography within two years. He named ML-DSA, fully homomorphic encryption, and lattice constructions as the core new risk area, challenging the industry consensus that the

In-house superannuation investment teams cost more and return less... [more]Superannuation funds that have brought their investment teams in-house have performed worse over the past three years than their peers that rely on outsourced managers, and have cost their members more in fees, says one of the country’s top equities research houses.

Safaricom and GCIB launch Shari'ah-compliant investment fund for M-Pesa... [more]Kenya's Safaricom and Gulfcap Investment Bank have launched the Ziidi Shari'ah Money Market Fund, a regulated investment product accessible through M-Pesa. Customers can start with KES100, add as little as KES10 and withdraw money to their mobile wallets without charges. The fund operates independen

Saba steps up UK push with Grainger stake increase as Baillie Gifford US Growth AGM looms... [more]Activist hedge fund Saba Capital Management has increased its stake in UK residential property company Grainger as it expands its campaign across British listed investments. The move comes ahead of the annual general meeting of Baillie Gifford US Growth Trust, where Saba's activism has become a foca

Hedge fund uncovers 30 red flags against Firmus... [more]Australian hedge fund Plato Investment Management has identified 30 warning signs surrounding AI infrastructure company Firmus, arguing that its valuation, senior management and IPO repricing make it an attractive short-selling opportunity. The $6bn fund has questioned the company's valuation and in

And, finally: Always double check your AI... [more]From Newsoftheweird: Christina Weaver of Kodiak, Alaska, turned herself in to officials after learning that a Google AI summary gave her the wrong information and led her to hunt snipe outside the legal hunting season, the Alaska Beacon reported on Sept. 28. "Christina stated that she Googled 'Sn