26 h. ago Hedge Funds Reversed Oil Bets at Record Pace After Trump Tariffs

Hedge funds reversed their position on oil at the fastest pace on record as US President Donald Trump imposed tariffs against major trade partners, threatening to cripple global energy demand.

Economics

45 h. ago Australian Billionaire to Face Deposition in Tudor Jones Suit

Australian mining billionaire Andrew “Twiggy” Forrest was ordered to sit for a seven-hour deposition as his US legal battle intensifies with hedge fund mogul Paul Tudor Jones II over a soured green energy partnership.

Other

3 d. ago Jon Hamm steals viewers’ hearts in Apple TV+’s ’Your Friends & Neighbors’

“Your Friends & Neighbors” begins with a once high-flying hedge fund manager waking up in someone else’s luxurious house, next to a dead body and in a pool of blood. How he ended up there consumes the first season of this compelling Apple TV+ series, which stars Jon Hamm and takes a peek at the […]

Culture

3 d. ago BOE Warns Risk of ‘Further Sharp Corrections’ in Markets Is High

The Bank of England said hedge funds have faced “significant” margin calls from their prime brokers as they navigated extreme market volatility in the aftermath of US President Donald Trump’s tariff announcements and warned that the risk of “further sharp corrections” in markets remains high.

Other

4 d. ago Hedge Funds Move Into Volatile Asian Power Market With New Hires

Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting declining profits from mainstay commodities.

Other

4 d. ago Joe Rogan and Dave Portnoy are among the Trump backers now questioning his tariff policies

WASHINGTON (AP) — As President Donald Trump’s tariffs roil global markets, some of the thought leaders and influential podcasters who backed the Republican’s campaign are voicing doubts. Barstool Sports owner Dave Portnoy, hedge fund manager Bill Ackman and even Elon Musk are adding their voices to a number of congressional Republicans who have weighed in […]

Economics

9 d. ago OPEC+ Stuns Oil Market With Policy Switch to Drive Down Prices

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments this week, that role reversed dramatically.

Economics

2 w. ago Pimco, TCW Snap Up Bonds Ditched by Multistrategy Hedge Funds

Pacific Investment Management Co., AllianceBernstein Holding LP and TCW Group Inc. seized on a buying opportunity after recent market volatility forced multistrategy hedge funds to offload risky corporate bonds.

Economics

4 w. ago Qube, Balyasny Start Physical Gas Trading in Push for Profit

Hedge funds Balyasny Asset Management and Qube Research & Technologies Ltd have recently started trading physical gas in Europe, the latest move by financial firms to expand in a volatile market that has generated massive profits for commodity firms in recent years.

Culture