The 1.5 Degrees fund aims to make high single digit returns by focusing on climate change opportunities.
SPACs have delivered “awful returns” and most recent issuances will be no different, said co-ounder Paul Marshall.
The firm, led by Aron Landy, will begin by investing up to 1.5% of its $5.6 billion main hedge fund in digital assets.
For Brevan Howard, the additional revenue from Coremont is a vital source of fees after it saw a vast majority of its hedge fund assets flee
A “flamboyant line-up” of excesses will come back to haunt investors, the billionaire said in a letter to investors.
It looks like Neil Woodford is picking back up where he left off: biotech and life sciences.
Tiger Global Management placed first in a world hedge-fund ranking. Renaissance Technologies was ousted.
Asking clients to take their billions away has worked wonders for Michael Platt.
It may be a shift in sentiment following a year that showed human stock pickers proving their mettle in a global crisis.
Higher Park will create its portfolio based on the efforts of thousands of people evaluating tens of thousands of companies.