Rob Citrone's hedge fund scores USD400m in fresh capital... [more]Rob Citrone's Discovery Capital has secured USD400m in new capital and plans to raise another USD600m from institutional investors. The macro hedge fund, which manages more than USD3.5bn, gained 18.6% through August after returning 48% in 2023, 52% in 2024 and 36% in 2025.
Hedge fund manager seeks alpha in strong El Nino trades... [more]Hedge fund manager Per Lekander is positioning for investment opportunities created by what forecasters expect could become a strong El Nino weather event. The phenomenon can disrupt rainfall, temperatures, hydropower generation and agricultural production around the world, potentially creating sign
Hedge fund managers are losing millions of dollars to rising oil prices... [more]Rising oil prices are inflicting losses on macro hedge funds that entered the recent surge with bearish or insufficiently bullish energy positions. The reversal illustrates the risks facing discretionary macro managers when geopolitical events and supply disruptions produce abrupt moves across oil,
Pictet's hedge funds are a portfolio diversifier and poised for growth following 'quiet summer'... [more]Pictet Alternative Advisors says hedge funds can provide yield and downside protection at a time when investors are looking for return sources that diversify traditional portfolios. Doc Horn, Pictet's head of hedge fund investments, expects opportunities to increase following a relatively quiet summ
Hedge fund veteran David Einhorn: Gold will "significantly outperform" Nasdaq over next 3-5 years... [more]Greenlight Capital founder David Einhorn expects gold to significantly outperform the Nasdaq over the next three to five years, citing uncontrolled US fiscal deficits, erosion of the dollar's reserve-currency role and global de-dollarization. Gold is Greenlight's largest macro long position, while E
Jeffrey Gundlach says the Fed should have hiked twice as much, and AI debt is already cracking... [more]DoubleLine Capital CEO Jeffrey Gundlach says the Federal Reserve should have raised rates by 50 basis points rather than 25 because inflation remains too high and the bond market is signaling that policy is still too loose. He also sees warning signs in AI-related corporate debt, where spreads on so
Bridgewater's Jensen says hedge fund has "very small position" in AI build out trade... [more]Bridgewater Associates co-CIO Greg Jensen says the hedge fund now has only a "very small position" in the AI infrastructure buildout trade because much of the opportunity has already been priced into markets. Jensen described the theme as an "incredible trade two years ago", but Bridgewater is incre
Even hedge funds are dealing with AI slop... [more]A third of investors who buy external data say its quality has deteriorated in recent years, according to a Neudata survey, with some hedge funds blaming the rapid proliferation of AI-generated material. Alternative data has become important to investment firms, but AI has made it easier for inexper
Currency hedging: The overlooked decision in international equity allocations... [more]International equity investors are implicitly making a currency decision whenever they hold foreign stocks, even if currency exposure is not part of their investment thesis. Currency movements can materially increase portfolio volatility and alter returns, making the choice between hedged and unhedg
Biotech hedge fund startup North Immunology to go public through reverse merger... [more]North Immunology, a biotechnology company founded and incubated by hedge fund ADAR1 Capital Management, plans to go public through a reverse merger with Nasdaq-listed Aethlon Medical. The transaction is accompanied by an oversubscribed USD180m private placement and will fund development of NOR-101,
Cooper needs urgent overhaul and new CEO, activist Jana Partners says - WSJ... [more]Activist hedge fund Jana Partners is calling for an overhaul of Cooper Companies, including replacing CEO Albert White and appointing a new board chair. Jana also wants the company to engage potential buyers for its contact-lens business and consider selling its fertility and medical-device assets a
Who are the wealthiest people in South Florida?... [more]South Florida remains home to a large concentration of America's richest people, according to the latest Forbes 400 ranking. The region includes fortunes built in technology, finance, real estate and other industries, reflecting the continued migration of ultra-wealthy individuals to Palm Beach and
7 CT billionaires worth combined USD86.1bn make exclusive Forbes 400... [more]Seven Connecticut residents made the Forbes 400 with combined wealth of USD86.1bn, led by Point72 founder Steve Cohen at USD26.7bn and Bridgewater founder Ray Dalio at USD18.9bn. Other Connecticut members include AQR co-founder Clifford Asness at USD8bn and Lone Pine Capital founder Stephen Mandel J
Millionaires are everywhere in the U.S., new book says... [more]A new book argues that becoming a millionaire in the US is considerably more common than popular perceptions suggest and examines the characteristics and financial habits of affluent households across the country. It finds that entrepreneurship and business ownership remain particularly important ro
MPs urge ministers to break off Thames Water talks with US hedge funds... [more]A cross-party group of MPs is urging the UK government to end negotiations with the consortium of hedge funds and distressed-debt investors controlling Thames Water and consider placing the utility into a special administration regime. Thames Water has about GBP20bn of debt, while the creditor group
Nationalise Thames Water to block hedge fund takeover, MPs say... [more]MPs are pressing ministers to put Thames Water into public control rather than agree a restructuring with the hedge funds and distressed-debt investors that own much of its debt. The intervention intensifies political pressure over the future of the heavily indebted utility and whether a special adm
Balyasny's UK staff costs rise to almost GBP315m... [more]Balyasny Asset Management's UK staff costs increased to GBP314.5m in 2025 from GBP274m a year earlier as headcount rose from 161 to 177. Revenue at the UK business increased 17% to GBP558.3m, operating profit rose to GBP33.8m and the highest-paid individual received GBP34m.
iCapital secures ADGM licence to expand investment across GCC... [more]Alternative-investment platform iCapital has secured regulatory approval in Abu Dhabi Global Market, expanding its ability to serve wealth managers and other investment clients across the Gulf. The licence strengthens iCapital's Middle East presence as private banks, family offices and asset manager
Baillie Gifford US Growth Trust sounds alarm over hedge fund Saba's new raid... [more]Baillie Gifford US Growth Trust is urging shareholders to reject activist hedge fund Saba Capital's latest attempt to change its board, warning that the proposals threaten the trust's independence. Boaz Weinstein's Saba owns about 29% of the trust and is seeking to install three directors after prev
And, finally: Guess how many people performed the Vulcan salute recently?... [more]Set phasers to fun! Hundreds of Trekkies beam into London's Science Museum on Star Trek Day 2026 to salute their favourite Vulcan, Mr Spock.
In celebration of 60 legendary years of the Star Trek franchise, CBS Studios/Paramount partnered with the Science Museum in London for a very special Star T
In an era of deepfakes, phantom fortunes, and narrative warfare, the challenge of distinguishing reality from illusion has never been more acute. For those stewarding generational wealth, the stakes are existential. This 11th edition of Horizons delves into the critical quest for clarity, offering a toolkit to navigate a world rife with deception and to build a foundation of verifiable trust.
Our journey begins with a chilling investigation into
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.
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Matthias Knab, Opalesque for New Managers: On July 9th, participants from 28 countries joined Opalesque's "Kant & Capital" webinar - not for a lecture, but for a workshop. The premise: after sixty years of labels - SRI, triple bottom line, ESG, impact - each of which fell short of its promise, i..
