Hedge funds

Goldman Sachs is reported to be enjoying a sharp rise in fees from its hedge fund business, according to a Financial Times report on what it calls the bank's hedge fund fee bonanza. The item suggests the Wall Street bank is extracting strong revenues from hedge fund clients, though the full details behind the gains remain sparse in the available reporting.

Hedge fund manager Adam Levinson is returning to investing, two years after the collapse of Silicon Valley Bank forced his fund, Graticule Asset Management Asia, to shut down. The fund was hit when SVB's March 2023 failure triggered heavy losses across markets. His comeback is drawing attention as a sign that investors are moving on from the SVB fallout.

Volatility across artificial intelligence stocks and oil markets is fueling gains for the dispersion trade, a popular hedge fund strategy that bets on widening gaps between individual stocks and market indexes. As tremors from the AI rally and energy price swings deepen divergence among shares, funds running the trade are profiting, drawing fresh attention to a strategy that had fallen out of favor during calmer markets.

Researchers at MIT have developed an AI-powered hedge fund, and guides are circulating on how people can use or access it. The project combines artificial intelligence with quantitative investing strategies typically reserved for institutional funds. Interest is growing around what the tool does, how it performs, and whether retail investors can realistically try it themselves.

Hedge fund CEO Ken Griffin has made the single largest donation ever given to a United States university, according to a report by Fast Company. The gift sets a new record for higher-education philanthropy in the country, adding to Griffin's history of large-scale giving to academic institutions and drawing attention to the growing role of billionaire donors in university funding.

The comment period has closed on California's Office of Health Care Affordability's proposed emergency regulations, which would expand reporting requirements for health care transactions involving private equity firms, hedge funds, and management services organizations. The rules would require more disclosure of financial backers behind deals in the state's health care market. Stakeholders in health care and investment communities are weighing the impact on deal activity and oversight.

ETF provider HANetf has launched what it describes as the first bitcoin fund hedged against the euro, aimed at European investors seeking exposure to bitcoin without euro currency risk layered on top. The fund tracks bitcoin's price while neutralising fluctuations between the euro and the dollar, in which most bitcoin trading is denominated. Coverage so far is limited to the initial launch announcement, with reactions still emerging across the crypto and ETF sectors.

Billionaire hedge fund manager Ken Griffin is making the largest donation to higher education in United States history, according to an exclusive report. The unprecedented gift, if confirmed at its reported scale, would surpass all previous charitable contributions to American universities. The story is drawing widespread attention given Griffin's existing record of major gifts to institutions including Harvard, and debate over the growing influence of billionaire donors on higher education.

Robinhood has introduced advanced, hedge-fund-style trading tools to its retail customer base, according to Money Morning. The move would give everyday traders access to sophisticated instruments and strategies once reserved for institutional investors. Coverage is so far limited to the single headline, with no further details confirmed on what the tools include or how they will be rolled out.

Hedge funds based in the Cayman Islands now hold a record $211 billion in US Treasury bills, according to newly reported figures. The buildup reflects the growing scale of the basis trade, in which funds exploit the gap between Treasury futures and bond prices, and highlights how much leveraged money flows through offshore vehicles into short-term US government debt. Analysts are weighing what the concentration means for market stability if positions unwind quickly.

Steve Cohen's hedge fund Point72 has hired the former head of JPMorgan's equities central risk book, according to a report by eFinancialCareers. The hire signals continued competition between hedge funds and investment banks for senior trading talent, with funds increasingly recruiting executives with experience running large internal equities trading desks.

Brightline, the US private passenger rail company, is offering hedge funds that have resisted its debt restructuring a 4.75% equity stake in an effort to bring them on board. The proposal aims to win over remaining holdout creditors as the company works to put its finances on a firmer footing. Details of how the holdouts will respond were not immediately available.

Ken Griffin, the hedge fund CEO of Citadel, has donated $3 billion to Carnegie Mellon University, a gift tied to his broader investment in Florida. The donation is one of the largest ever made to a US university and is linked to Griffin's push to expand the school's presence in the state, part of his wider bet on Florida's future.

Alternative IQ has announced its list of top contenders for the 2026 Canadian Hedge Fund Awards, an annual program recognizing leading hedge fund managers in Canada. The announcement highlights the firms seen as strongest performers heading into next year's awards. Industry observers are watching the shortlist as an early signal of which Canadian funds are positioned for recognition in 2026.

UK-based ETF issuer HANetf has launched the first Bitcoin fund that hedges exposure to the euro, allowing European investors to gain crypto exposure without bearing euro-dollar currency risk. The move signals growing demand from continental European investors for regulated crypto products and marks a further step in the mainstreaming of Bitcoin investment vehicles.

Hedge funds now hold a record 7% of the $30 trillion US Treasury market, according to a new report. The figure highlights how heavily leveraged funds have become major players in government debt trading, often through basis trades that exploit small price differences between Treasuries and futures. Analysts are watching the growing share closely, since rapid unwinding of such positions could add volatility to a market that underpins global finance.

A hedge fund managing around $20 billion is being held up as proof that a new generation of AI-driven investment firms is already operating at scale, largely outside public attention. The story argues these funds rely on artificial intelligence rather than traditional stock-picking, and that their growth suggests machine-led strategies are becoming a major force in institutional investing.

A new analysis examines how the era of higher interest rates is dividing the hedge fund industry into winners and losers. Funds positioned to benefit from elevated yields, such as those holding cash-like or macro strategies, are gaining, while leveraged and rate-sensitive strategies face pressure. The piece is drawing attention as investors reassess allocations amid an uncertain rate outlook.

Billionaire hedge fund manager Ken Griffin has pledged $3 billion to Carnegie Mellon University, in what would be the largest donation ever made to a university. The gift from the Citadel founder dwarfs previous records for higher education philanthropy and is expected to draw attention to growing concentration of billionaire giving in elite American institutions.

Hedge fund Marshall Wace has told a court that Citadel's request in the dispute involving Shatz is overly burdensome. The filing marks a new flashpoint between the two prominent investment firms as the legal fight continues, with Citadel seeking material that Marshall Wace argues is excessive.