Hedge Funds
Global hedge funds posted gains in August despite market rollercoaster
Citadel's flagship multi-strategy fund Wellington was up roughly 1 per cent last month, as well as Schonfeld Strategic Advisors' flagship fund Strategic Partners
 "Global hedge funds posted gains in August despite market rollercoaster")
Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report
Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs
 "Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report")
Hedge funds hit hard by massive Tesla rally after betting on decline
About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year
 "Hedge funds hit hard by massive Tesla rally after betting on decline")
Byju's hedge fund ally can avoid arrest if he helps locate $533 million
The missing money is at the heart of a dispute between lenders owed $1.2 billion and the startup founded by entrepreneur Byju Raveendran
 "Byju's hedge fund ally can avoid arrest if he helps locate $533 million")
Singapore authorities ramp up scrutiny of family offices, hedge funds
The government's push to tighten various investment regimes has accelerated since March, with agencies setting out additional requirements that must be met in the coming months
 "Singapore authorities ramp up scrutiny of family offices, hedge funds")
Segantii Capital to shut as insider trading charge draws redemptions
The executives said the hedge fund will wind down in a measured fashion, and deferred questions on compensation and jobs, the person added. The company said separately that it's suspending redemptions
 "Segantii Capital to shut as insider trading charge draws redemptions")
Investors pull $9.9 billion from hedge funds in March: Nasdaq eVestment
The outflows came even as hedge funds posted positive performances across every strategy tracked by the data firm
 "Investors pull $9.9 billion from hedge funds in March: Nasdaq eVestment")
Global regulators want to better prepare funds, investors for margin calls
Regulators spent more than a decade after the 2008 credit crunch shoring up lenders' financial strength, yet a series of shocks outside the banking sector have since put a spotlight on other risks
 "Global regulators want to better prepare funds, investors for margin calls")
Hidden billions in Tokyo real estate market lure activist hedge funds
In Japan, there's a huge gap -22 trn yen ($143 bn) by one estimate - between how firms value their real estate assets on their books, versus what those properties would fetch if sold in current market
 "Hidden billions in Tokyo real estate market lure activist hedge funds")
US-based Hedge fund Shah Capital urges Novavax board shake-up: Report
The hedge fund called for Suresh Katta and Venkat Peri, who are chief executives of other biotech firms, to be nominated for the independent board roles
 "US-based Hedge fund Shah Capital urges Novavax board shake-up: Report")
Byju's Florida hedge fund ally may face jail time over missing $533 million
Lenders accuse Morton of helping Indian tech firm Think & Learn hide $533 million from them
 "Byju's Florida hedge fund ally may face jail time over missing $533 million")
Nabfid takes derivatives cover for over Rs 10K cr to hedge rate risk
Hedges interest rate risk under asset liability management
 "Nabfid takes derivatives cover for over Rs 10K cr to hedge rate risk")
Singapore's Asia Genesis closes hedge fund after losing bets on China
The fund, which hedge fund veteran Chua launched in 2020, manages about $300 million
 "Singapore's Asia Genesis closes hedge fund after losing bets on China")
Hedge funds bring in record profits betting on 'catastrophe' bonds
Behind those record returns were bold bets on catastrophe bonds and other insurance-linked securities
 "Hedge funds bring in record profits betting on 'catastrophe' bonds")
British hedge fund trader Sanjay Shah detained in Denmark before trial
Shah is due to face trial in Denmark early next year on charges related to so-called "cum-ex" trading schemes in which the Danish state says it lost more than 12.7 billion crowns ($1.84 billion)
 "British hedge fund trader Sanjay Shah detained in Denmark before trial")
Hedge fund trader Sanjay Shah extradited to Denmark a year after arrest
Shah was taken into custody by police on his arrival in Copenhagen on Wednesday, and will be taken to court for a bail hearing on Thursday morning, Danish police said in a statement
 "Hedge fund trader Sanjay Shah extradited to Denmark a year after arrest")
Blackstone to close multi-strategy fund after assets drop nearly 90%
The US-based asset manager said it had informed clients after it decided in October that its Blackstone Diversified Multi-Strategy fund would close at the end of the year
 "Blackstone to close multi-strategy fund after assets drop nearly 90%")
Mark Mobius joins hedge fund elite planning Dubai investing venture
The 87-year-old money manager said he's busier than ever as he looks to set up a new venture in Dubai
 "Mark Mobius joins hedge fund elite planning Dubai investing venture")
Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case
Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there
 "Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case")
Top headlines: iPhone15 series launched, Byju's hid $533 mn in hedge fund
Business Standard brings you the top headlines at this hour
 "Top headlines: iPhone15 series launched, Byju's hid $533 mn in hedge fund")
