Hedge funds call time on tech rally, banks say
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) - Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector just as
Hedge funds cash in on Grayscale bitcoin ETF conversion
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) - A handful of hedge funds made a winning bet on approval of a spot bitcoin exchange-traded fund (ETF) by investing in the Grayscale Bitcoin Trust (GBTC) well ahead of regulatory sign
Hedge funds hunt new ‘magnificent’ tech stocks
By Carolina Mandl NEW YORK (Reuters) - Global hedge funds have reduced their exposure to the so-called Magnificent Seven stocks while increasing their allocation to other technology, media and telecommunications (TMT) companies, according to Morgan Stanley. Last year, the magnificent seven group
Hedge fund manager Chris Hohn demands Airbus drop Atos deal
The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte, near Paris, France June 13, 2022. REUTERS/Benoit Tessier/File Photo By Nell Mackenzie LONDON (Reuters) - Hedge fund manager Christopher Hohn has written to Airbus demanding it