HEDGE FUNDS
Ken Griffin's Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry.
Global hedge funds of all sizes suffered net outflows in a volatile 2022.
HFR's fund-weighted composite index return was down 4.25% in 2022, with only its broad macro index producing a positive return.
HFR reported just 71 new hedge fund launches in the third quarter, the least since the fourth quarter of 2008.
Glen Point and founder Neil Phillips were sued by the U.S. CFTC for allegedly scheming to trigger payouts on two options contracts totaling $30 million.
Most of the returns Bridgewater notched through this year's first three quarters were wiped out, ruining what was shaping up to be a banner year.
Millennium Management created a new office of the chief investment officer and appointed two co-CIOs to head the unit.
Brevan Howard will charge some clients in its main hedge fund a new fee structure that's fueled the ability of giant funds to poach traders.
Activist short sellers are different from traditional short sellers, Carson Block said on a Twitter Spaces with Pensions & Investments.
The hedge fund firm formerly known as Och-Ziff "deteriorated" under the "mismanagement" of its founder, the company said in court filings.
