Costas Mourselas

Wave of M&A fuels rally as big pharma groups hunt for blockbusters ahead of patent cliff

World’s largest listed hedge fund emerging from a turbulent period for its most famous unit

Asset manager is revamping flagship quant hedge fund to add stockpicking

Asset manager famous for bet against US housing market says stock prices are unhinged from fundamentals

Performance has lagged at Paul Singer’s hedge fund amid concerns that large size is barrier to strong returns

Sale marks first time Izzy Englander has parted with equity in firm’s 36-year history

Highest-paying firms increase payouts as the sector’s fortunes reverse, Goldman Sachs report shows

Billionaire hedge fund manager’s CIFF has focused donations on issues such as climate change

Multi-manager firm says performance has not kept pace with expectations and cites cost of attracting traders

Chair blames concerns about private equity firms’ ability to exit investments for share price weakness

Falling share price, investor withdrawals and lacklustre performance present a strategic dilemma for Man Group

The era of giant multi-managers has changed how rewards are calculated — and ushered in bumper deals

Gulf investor commits $2bn for funds to be set up with Alan Howard’s hedge fund in UAE

Move is biggest allocation increase to sector ever recommended by asset manager’s institute

Move to tighten contracts comes as company battles to retain talent and combat a falling share price

Bets on GE Aerospace, Microsoft and Visa help activist fund to first-half profits

Ken Griffin’s flagship fund was up 2.5% in first half of 2025, while Izzy Englander’s firm gained 2.2%

Hedge fund tightens flexible working after period of poor performance for its systematic investing arm AHL

After years of scepticism, co-founder of AQR has embraced AI when determining investment strategies

Recent turbulence was partly the result of trading strategies using derivatives. But the same investors are increasingly important buyers of US government debt