Hedge Funds: Soroban CIO Says Stock-Picking Future Is Long-Only

Welcome to the Hedge Funds Brief, your weekly read on the industry, including market calls, personnel moves and performance.

Headlines

For Soroban founder Eric Mandelblatt, the future growth of stock-picking hedge funds won’t come from hedging.

A hedge fund startup that uses AI to do work typically handled by analysts has outperformed the global stock market in its first six months while slashing research costs.

The rise of multimanager hedge funds poses a threat to financial stability, according to BOE Governor Andrew Bailey.

Chinese quant funds had a strong rebound in the final quarter of 2024, saving the industry ...