(Hedgeweek) Hedge funds achieved double-digit returns in 2023, led by equity strategies with a weighted average return of 21.91%, according to research from asset servicer Citco, which has over $1.8tn in assets under administration (AUA). To read this article:

(CNBC) U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats up. ?[The market for] AI PCs is going to continue to expand,” said Victor Peng, […]

(Hedgeweek) US hedge fund North Rock Capital is expanding its Asia footprint with the opening of a new office in Singapore. The move comes a year after North Rock established its first Asia office in Hong Kong, according to a […]

(Hedgeweek) A group of hedge funds with exposure to mortgage bonds and average gross leverage in excess of 2,000% has attracted the attention of the European Securities and Markets Authority (ESMA) over concerns of potential market risk, according to a […]

(Hedgeweek) Quant trading firm Vatic Investments, which takes ‘inspiration’ from systematic hedge fund firm Renaissance Technologies, has hired a new team to trade statistical arbitrage strategies using client money, according to a report by eFinancial Careers. To read this article:

(CNBC) DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a “Goldilocks” economic scenario benefiting risk assets, and the bond king stuck to his call for a likely recession this year. To read this article:

(Hedgeweek) A vote on new regulations, which would introduce a requirement for hedge funds and proprietary trading firms to register as dealers, has been postponed by the Securities and Exchange Commission (SEC), according to a report by Bloomberg. To read […]

(Hedgeweek) More than a fifth of institutional hedge fund investors, including pension funds and insurance companies, have identified ‘crowding’ in hedge fund portfolios as a top investment concern, according to a report by Reuters. To read this article:

(CNBC) The Federal Reserve has sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting, with a March move lower increasingly unlikely. In a substantially changed statement […]

(CNBC) Deutsche Bank on Wednesday smashed fourth-quarter earnings expectations with a net profit of 1.3 billion euros ($1.4 billion), and announced a further 1.6 billion euros in shareholder returns for 2024. The quarterly net profit figure marked an almost 30% […]

(CNBC) Qualcomm reported fiscal first-quarter results on Wednesday that topped analysts’ estimates as sales of handset chips jumped 16% from a year earlier. Qualcomm shares fell more than 1% in extended trading. To read this article:

(Hedgeweek)Two Sigma Investments recorded mixed returns across its family of hedge funds last year, with the firm’s macro Compass Enhanced fund falling 16% while its Absolute Return fund, which trades across several strategies, gained 12%, according to a report by […]