Sir Paul Ruddock, head and co-founder of hedge fund Lansdowne Partners, is to step down from his role at the end of June.
Hedge fund giants are said to be preparing to short sterling after it fell to its lowest level against the dollar since July this week.
Hedge fund managers have been increasing their short positions in sterling amid fears the currency is set to depreciate further as investors flock to the euro.
Hedge fund veteran George Soros has made $1bn betting against the yen since November, profiting from the Bank of Japan (BoJ)'s moves to weaken its currency.
Investors continue to weigh up the benefits of proactive central bank policy against the muted levels of economic growth from developed countries in a deleveraging world.
A bet on the demise of the eurozone has caused sizeable losses for John Paulson, the hedge fund boss renowned for making millions from the US financial collapse.
I realise it is a bit unfair to pick on the bullied kid in the playground, but it is hard not to wonder whether the ‘alternative investment' space has lost the plot. Of course, it was not supposed to be like this. The hedge fund industry - with some notable...
Argo Group has launched an emerging markets hedge fund investing in bonds and currencies from a universe of over 40 emerging market countries.
The implementation of new European Union rules on short-selling disclosures has revealed hedge funds Greenlight Capital and Odey Asset Management hold notable short positions in the UK media sector.