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    Laurence Fletcher

    Deputy markets news editor

    Laurence is part of the FT’s markets desk and has a particular focus on hedge funds and asset managers. He was previously hedge fund correspondent, writing news, features, investigations and opinion pieces. His work includes numerous exclusives about the collapse of $600m hedge fund Heather Capital, while his investigations into hedge fund Dynamic Decisions were part of a series that won a Gerald Loeb award, a New York Press Club award and a U.S. National Press Club award in 2012.

    In 2021 he was part of an FT team that won a Loeb award in the Breaking News category for coverage of the collapse of Wirecard. In 2022 he won awards from the CFA Society of the UK and from Headlinemoney for his work with Tommy Stubbington on sovereign bonds and human rights.

    He joined the FT in 2018, and previously worked at The Wall Street Journal, Reuters, Citywire and Bloomberg.

    Email Laurence Fletcher @journofletcher  on Twitter (link opens in a new browser window)

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    • Friday, 25 August, 2023
      Capital markets
      Hedge fund trend followers endure tough year after banner 2022

      Quantitative funds hit by reversals in government bonds as investors rethink their interest rate expectations

      Trader looks at a computer screen
    • Tuesday, 27 June, 2023
      Odey Asset Management LLP
      Odey Asset Management in talks with SW Mitchell over Oliver Kelton’s funds

      Firm said it would shift funds to rivals following sexual assault claims against its founder

      Crispin Odey and SW Mitchell Capital montage
    • Tuesday, 20 June, 2023
      Financial services
      The curious case of Arki Busson’s risk-tech

      Inside LumRisk’s rather odd struggle with a noteholder

    • Thursday, 15 June, 2023
      News in-depthArtificial intelligence
      Computer-driven trading firms fret over risks AI poses to their profits

      Executives fear complex algorithms may not be able to differentiate fake data from genuine information

      The Nasdaq MarketSite in Times Square
    • Friday, 26 May, 2023
      US equities
      Hedge funds raise bets against US stocks as debt deadline nears

      Shorts linked to S&P 500 hit 12-year high amid caution on valuations and earnings

      People walk along Wall Street outside of the New York Stock Exchange
    • Thursday, 11 May, 2023
      Samhällsbyggnadsbolaget i Norden
      Swedish real estate sector rattled as refinancing worries surface

      Analysts highlight country’s exposure to rising interest rates

      Property listings in a real estate agent’s window in Gothenburg, Sweden
    • Friday, 28 April, 2023
      Big tech
      Hedge funds lose $18bn betting against tech stock rally

      Robust round of earnings fuel sector rebound that takes short sellers by surprise

      Nasdaq logo
    • Thursday, 27 April, 2023
      HTSI
      The 20 best bakeries in the UK

      Our guide to the most delicious breads in Britain 

      A country loaf from Hamblin Bread in Oxford
    • Wednesday, 5 April, 2023
      Hedge funds
      Hedge funds made $7bn from betting against banks during turmoil

      Short sellers’ March haul was their largest from the banking sector since 2008

      People walk across 10th Avenue in front of a First Republic Bank branch
    • Tuesday, 4 April, 2023
      Markets InsightHedge funds
      Hedge funds caught off guard again in turmoil

      Sharp moves after the implosion of SVB have left many in the red for the year

      A pedestrian passes a Silicon Valley Bank branch in San Francisco, US
    • Sunday, 2 April, 2023
      Hedge funds
      Trend-following hedge funds suffer sharp downturn in bank chaos

      Bond market reversal following collapse of Silicon Valley Bank stings so-called CTAs

      US Treasury building in Washington DC
    • Tuesday, 28 March, 2023
      Credit default swaps
      Top ECB official claims CDS market ‘contaminates’ bank stocks and deposit flows

      Sharp moves in thinly-traded credit insurance needs scrutiny, Andrea Enria says

      Andrea Enria, chair of the ECB supervisory board, speaking at a summit in 2017
    • Monday, 27 March, 2023
      Scottish Mortgage Investment Trust PLC
      Hedge funds scale back bets against Scottish Mortgage

      Investors close short positions in expectation that share price may be nearing bottom

      Edinburgh’s skyline at sunset
    • Friday, 24 March, 2023
      Rokos Capital Management LLP
      SEC raised concerns over hedge fund Rokos after losing bond bets

      US regulator contacted UK authorities after large collateral calls

      Chris Rokos
    • Wednesday, 22 March, 2023
      Credit Suisse Group AG
      US bondholders prepare to sue Swiss government over $17bn Credit Suisse wipeout

      Distressed asset investor David Tepper says trust in European debt issuance at stake

      Demonstration in Zurich against UBS buying Credit Suisse
    • Friday, 17 March, 2023
      Markets
      Rokos and Goldman Sachs hit in bond market upheaval

      Goldman loses around $200mn, while hedge funds Rokos and Leda Braga’s Systematica drop after collapse of Silicon Valley Bank

    • Friday, 17 March, 2023
      Banks
      Global banks shed $459bn in market rout as Goldman loses on rate swing

      Regulators discuss crisis with focus on Credit Suisse as March declines have mounted

      A display shows most indicators down on the floor at the New York Stock Exchange
    • Tuesday, 14 March, 2023
      Hedge funds
      Hedge funds stung by bond market fallout from SVB collapse

      Investors fuelled a rally in US Treasuries by rushing to exit crowded bets that prices would fall

      The US Treasury building
    • Monday, 13 March, 2023
      Kenneth C. Griffin
      US capitalism is ‘breaking down before our eyes’, says Ken Griffin

      Citadel founder argues that refusing to bail out SVB depositors in full would be ‘great lesson in moral hazard’

      Ken Griffin and Bill Ackman
    • Friday, 10 March, 2023
      Banks
      California bank failure shakes global financial stocks

      Investors worry over the value of sector’s bond portfolios and falling deposits

      A montage of the logos JPMorgan, Bank of America, Citi, Wells Fargo and Silicon Valley Bank
    • Wednesday, 8 March, 2023
      News in-depthHedge funds
      Hedge funds build macro firepower to capitalise on volatile markets

      Sector has recorded best returns since financial crisis with the return of high inflation and steep interest rate rises

      Kenneth Tropin
    • Monday, 6 March, 2023
      News in-depthCitadel LLC
      How Citadel harnessed the weather to claim hedge fund crown

      Bold bet on commodities plays large part in lifting Ken Griffin’s firm to record $16bn profit

      Ken Griffin
    • Sunday, 5 March, 2023
      Hydrogen power
      New ITM boss targets overconfident culture after profit warnings

      Producer of hydrogen electrolysers became London’s most shorted stock after plunge in value to $600mn from £3.5bn

      Dennis Schulz
    • Tuesday, 28 February, 2023
      Man Group PLC
      Inflation will remain high in volatile markets, warns hedge fund chief

      Man Group boss Luke Ellis says investors must get used to significant moves up and down in markets

      Luke Ellis
    • Monday, 20 February, 2023
      FTX Trading Ltd
      Hedge fund Galois closes after half of assets trapped on crypto exchange FTX

      Co-founder apologises in letter to investors and says fund is no longer viable

      Sam Bankman-Fried
    Previous page You are on page 1 Next page

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