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Laurence Fletcher

Hedge fund correspondent

Laurence covers hedge funds for the Financial Times, and writes 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.

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

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  • Wednesday, 25 May, 2022
    Hedge funds
    Quant hedge funds reap windfall during 2022 market ructions

    Computer-driven managers post biggest gains since financial crisis after ‘dead decade’

  • Wednesday, 18 May, 2022
    Tiger Global Management LLC
    The mauling of Tiger Global

    Tech stock sell-off has lost Chase Coleman’s hedge fund $17bn this year

  • Thursday, 12 May, 2022
    Elliott Management Corp
    Elliott to close Tokyo office and shift Asia investing to London

    Move by US hedge fund, which has built stakes in prominent Japanese targets, follows departure from Hong Kong last year

  • Tuesday, 10 May, 2022
    Hedge funds
    Tiger Global hit by $17bn losses in tech rout

    Hedge fund suffers ‘breathtaking’ drop as speculative stocks sink from pandemic peaks

  • Tuesday, 3 May, 2022
    Tiger Global Management LLC
    Tiger Global slumps more than 40% in first four months of 2022

    Tumble in tech stocks deals fresh blow to Chase Coleman’s flagship hedge fund

  • Friday, 29 April, 2022
    Equities
    Growth stock stars of pandemic tumble into bear market

    Top hedge fund executives believe market conditions of past decade have changed for good

  • Wednesday, 27 April, 2022
    News in-depthHedge funds
    Melvin Capital’s U-turn reignites debate over hedge fund fees

    Scrutiny on performance is growing as markets see-saw

  • Monday, 25 April, 2022
    Melvin Capital
    Melvin Capital backtracks on plan to reinstate performance fees

    Founder Gabe Plotkin admits he was ‘initially tone deaf’ following investor backlash

  • Thursday, 21 April, 2022
    Hedge funds
    Melvin to return some capital to investors as losses grow

    Gabe Plotkin seeks to reinstate incentive fees to salvage hedge fund crushed by last year’s GameStop frenzy

  • Tuesday, 12 April, 2022
    Hedge funds
    Hedge fund trader who won big on GameStop backs energy stocks

    Senvest Management snaps up shares in unloved oil and gas companies

  • Saturday, 9 April, 2022
    News in-depthHedge funds
    Market turmoil splits hedge funds into macro winners and tech losers

    War and rising inflation widen the gap between best and worst performers

  • Friday, 8 April, 2022
    Hedge funds
    Adelphi Capital to become a family office after run of poor performance

    One of London’s oldest hedge funds has struggled to deal with sharp sell-offs in equity markets

  • Friday, 8 April, 2022
    Press freedom
    Fee, Fi, FOI, fum: the tale of the FT’s inquiry into a Gupta guarantee

    Access denied.

  • Monday, 4 April, 2022
    Roman Abramovich
    Abramovich-linked yacht leaves Turkish port run by UK-listed group

    Vessel’s departure follows FT report that marina’s operator risked sanctions breach

  • Sunday, 3 April, 2022
    Roman Abramovich
    Harbour operator waives fees from Abramovich-linked yacht amid sanctions concerns

    London-listed Global Ports Holding says it is not breaching UK law by providing Turkish berth for vessel

  • Friday, 1 April, 2022
    Roman Abramovich
    Ports group harbouring Abramovich-linked yacht ‘risks UK sanctions breach’

    Turkish dock hosting 140-metre Solaris is operated by London-listed Global Ports Holding

  • Thursday, 31 March, 2022
    InterviewHedge funds
    Russia-focused hedge fund takes stock after ‘inconceivable’ Ukraine invasion

    New York-based Firebird Management pioneered investment in former Soviet Union

  • Wednesday, 30 March, 2022
    GAM Holding AG
    Former GAM star Tim Haywood breached rules over Greensill, UK regulator finds

    Group’s ex-fund manager risked conflict of interest by accepting gifts, FCA says at it releases full findings of probe

  • Monday, 28 March, 2022
    FT CollectionsGreensill Capital
    Greensill offered GAM share options as it pitched for funding

    Swiss fund manager was offered 12.5 per cent stake in finance firm in 2016

  • Thursday, 24 March, 2022
    Russian business & finance
    Hedge funds search for bargains in Russian and Ukrainian bonds

    Countries’ sovereign and corporate debt have dropped sharply since invasion last month

  • Monday, 21 March, 2022
    Special ReportFTfm: Fixed Income
    ‘Dry powder’ loan funds struggle to find a home

    Private debt funds can struggle to find a home

  • Thursday, 10 March, 2022
    Fund management
    Pierre Andurand posts blockbuster gains after bet on rising oil prices

    Group of hedge funds profit from boom in commodities sparked by Ukraine crisis

  • Tuesday, 8 March, 2022
    Hedge funds
    ‘Brutal’ selling in speculative tech stocks knocks Tiger Cub hedge funds

    Falls have proved ‘wicked punishment’ for managers holding Peloton, Zoom and other high-growth bets

  • Monday, 7 March, 2022
    InterviewHedge funds
    UK must borrow to improve ‘depressing’ growth outlook, says hedge fund boss

    Head of Caxton, one of world’s oldest macro funds, and Tory donor warns Labour is ‘no longer unelectable’

  • Saturday, 5 March, 2022
    On Wall StreetHedge funds
    Turbulent times upend hedge funds

    The pace of the interest rate hiking cycle and Ukraine war have forced a scramble to reposition portfolios

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