Hedge Funds

Hedge Funds: Investors Gain Interest in Hedge Funds Amid Pandemic

Hedge Funds: Investors Gain Interest in Hedge Funds Amid Pandemic Investors now plan to put more cash into hedge funds rather than less.  This has not occurred in years.  For instance, a survey by Preqin showed that 44 percent of hedge fund investors plan to invest in hedge funds in the next year.  This is …

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Hedge Funds: Citi Wins Battle Against Hedge Fund and Creditors 

Hedge Funds: Citi Wins Battle Against Hedge Fund and Creditors  Citigroup won its battle to regain $900 million that it sent to cosmetic company Revlon creditors.  Citi accidentally sent this money and intended to recover the funds as soon as possible.   In addition, a U.S. judge blocked hedge fund Brigade Capital from doing anything …

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Hedge Funds: Citibank Accidentally sends $175 Million to Brigade Capital

Lawsuit Follows Mistaken Payment.  Citibank accidentally wired $175 million to Brigade Capital Management.  The hedge fund has not returned the money, which led Citibank to file a lawsuit.  The bank hopes to get the money back and argue that it was an “operational mistake.”  In court documents, Citibank explained that its intention was to send …

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Hedge Funds Short on Dollar for First Time Since 2018

Hedge Funds: Hedge Funds Short on Dollar for First Time Since 2018 Hedge funds have decreased in share prices for the first time since May 2018.  A decrease in price for the world’s reserve currency will continue as the market remains unpredictable.  Net futures held by funds against eight currencies dropped to minus 7,881 contracts.  …

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Hedge Funds: Bridgewater Associates Invests $400 Million in Gold

Hedge Funds: Bridgewater Associates Invests $400 Million in Gold Ray Dalio’s Bridgewater Associates hedge fund has invested $400 million in gold during the second quarter.  Based on Bridgewater’s 13F filings, the hedge fund bought 1.4 million shares of the SPDR Gold Trust.  Additionally, the company acquired 4.1 million shares in the iShares Gold Trust.  Bridgewater’s …

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