Tag
Hedge Funds
8 articles
Treasury Basis Trades Pose Systemic Risk as $2 Trillion Exposure Faces Stress
Leveraged hedge fund arbitrage strategies in U.S. government bonds show structural vulnerabilities as recent market turmoil strains repo financing and forces unwinds.
Millennium Management Nears $100B AUM on Seeding Model
Hedge fund reaches $97 billion in assets, with $22 billion in new commitments closing Oct. 1, driven by founder Izzy Englander's strategy of seeding dozens of independent investment teams.
Citadel Commodities Star Foster Exits as Natural Gas Volatility Fades
The senior PM's $2 billion 2022 natural gas profit built on crisis-driven dislocation; normalized European prices and storage levels have eliminated the edge.
Treasury Basis Trade Stalls at $1 Trillion as Hedge Funds Hit Capacity
Morgan Stanley estimates leveraged basis positions have shrunk more than $200 billion, with a Goldman desk chief saying clients call the trade 'dead.'
Hedge Funds Halved Yen Short Bets After U.S.-Japan Intervention
CFTC data through Aug. 4 shows bearish yen positions cut by roughly half as coordinated U.S.-Japan action stabilized the currency.
Bitcoin Adoption Reaches 4 Percent Globally as Hedge Funds Add $7 Billion
River research pegs Bitcoin's total addressable market at $225 trillion as institutional holders push collective positions to $19.9 billion.
Banks Offload Used ETF Tail Risk Through Crash-Put Market
Investment banks are buying exotic 'crash puts' from hedge funds and institutions to shed extreme downside exposure from single-stock leveraged ETFs.
MS Capital Secures $1 Billion China Mandate, Realigns EM Capital Flows
Hedge fund MS Capital's new $1 billion mandate for China signals institutional re-evaluation of emerging market debt, potentially shifting global capital allocations