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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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  • Friday, 1 July, 2022
    News in-depthCryptocurrencies
    Can crypto contagion infect mainstream finance?

    Most regulators and industry heavyweights believe banks and asset managers are protected

  • Thursday, 30 June, 2022
    Hedge funds
    Hedge funds scoop up biotech stocks after ‘catastrophic’ declines

    Some managers expect cheaper valuations will fuel M&A activity

  • Monday, 27 June, 2022
    Hedge funds
    Hedge funds braced for further stock market turmoil

    Caution intensifies despite already steep losses in 2022

  • Thursday, 23 June, 2022
    Hedge funds
    Quant hedge funds profit from cryptocurrency turmoil

    Computer-driven trading has allowed some managers to predict and bet on price falls

  • Thursday, 16 June, 2022
    European companies
    Bridgewater vs Europe

    Ray has radically ramped up his bets against European stocks again

  • Wednesday, 15 June, 2022
    Hedge funds
    Hedge fund backed by legendary investor Julian Robertson closes

    Tiger Legatus shuts doors as equity funds suffer worst start to a calendar year

  • Friday, 10 June, 2022
    Hedge funds
    Equity hedge funds suffer historic declines in first 5 months of 2022

    Shifting market dynamics create ‘existential crisis’ for some stock strategies

  • Sunday, 5 June, 2022
    Hedge funds
    Hedge funds scoop big returns from global interest-rate shake-up

    Increased volatility delivers windfall for investors betting on debt and currency moves

  • Saturday, 4 June, 2022
    On Wall StreetHedge funds
    Some hedge funds finally see market conditions to justify their existence

    Dispersion of stock performance has created opportunities for profit

  • Thursday, 2 June, 2022
    Hedge funds
    Hedge funds turn more bearish on stocks even after rough start to 2022

    Crispin Odey wagers ‘life is going to be much more difficult for investors’

  • Tuesday, 31 May, 2022
    Hedge funds
    Credit specialist CQS shuts internal fund following outflows

    Michael Hintze’s hedge fund group wind downs portfolio after heavy losses early in pandemic

  • 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

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