
Nishant Kumar
Chief Correspondent at Bloomberg News
Chief Correspondent, Bloomberg. Writes on hedge funds & talks to his plants. Ex-Reuters. Retweets & likes are not endorsements. Tips to [email protected]
Articles
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6 days ago |
bloomberg.com | Alex Dooler |Nishant Kumar
Abu Dhabi(Bloomberg) -- Hudson Bay Capital Management is setting up an office in Abu Dhabi, expanding its presence in the United Arab Emirates beyond Dubai, as both cities continue to attract global asset managers. The $20 billion multistrategy investment firm plans to open in Abu Dhabi before the end of this year, according to people familiar with the matter.
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1 week ago |
bloomberg.com | Nishant Kumar
Hamza Lemssouguer(Bloomberg) -- Former Credit Suisse star trader Hamza Lemssouguer is preparing to expand his hedge fund operations to Abu Dhabi, joining the rush of peers opening offices in the United Arab Emirates. Arini, which oversees about $9 billion in assets, intends to have the outpost ready in September and has sought regulatory approvals, people with knowledge of the matter said, asking not to be identified because the details are private.
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1 week ago |
livemint.com | Nishant Kumar
Expert view on markets: Rishabh Nahar, Partner and Fund Manager at Qode Advisors, is reducing the overall market exposure and shifting focus to select unique stock ideas where he still sees strong earnings momentum and low volatility, offering a good balance of risk and reward. In an interview with Mint, Nahar shares his views on market valuations, sectors to watch and strategy for gold. Here are edited excerpts of the interview:How do you see the market's performance in CY25 so far?
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1 week ago |
livemint.com | Nishant Kumar
Snapping its two-day winning run, Shriram Finance share price closed about 1 per cent lower on Wednesday, June 4, while equity benchmarks ended with mild gains. Shriram Finance shares, after opening at ₹649.95 and touching an intraday high and low of ₹661.85 and ₹640, respectively, finally settled 0.96 per cent lower at ₹642.05 on the NSE. Equity benchmark Nifty 50 closed 0.32 per cent higher at 24,620.20.
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1 week ago |
livemint.com | Nishant Kumar
The Sensex closed with a gain of 261 points, or 0.32 per cent, at 80,998.25, while the Nifty 50 ended the day at 24,620.20, up 78 points, or 0.32 per cent. The Indian stock market ended in positive territory on Wednesday, June 4, with benchmarks the Sensex and the Nifty 50 snapping their three-day losing run amid positive global cues. The Sensex closed with a gain of 261 points, or 0.32 per cent, at 80,998.25, while the Nifty 50 ended the day at 24,620.20, up 78 points, or 0.32 per cent.
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I will be at Sohn Monaco tomorrow covering the event. Always a good pulse check on where capital, conviction, and chatter are flowing in hedge fund land. If you are attending, would love to connect, on or off the record. Let me know

The $20B Hudson Bay is opening an office in Abu Dhabi, adding to its 10-person team in Dubai. It's still rare for hedge funds to have outposts in both. Is this the start of the trend whereby the UAE’s twin hubs are no longer either/or? With @AlexDooler https://t.co/VqzrDTTH36

Wow

Nobody ever played better tennis at 38 than Novak Djokovic. Insane. 🤯 https://t.co/jVkgq7oeVp