Latest News
Hedge fund founder Sanjay Shah has been accused of masterminding a “meticulously pre-planned” cum-ex trading scheme that defrauded the Danish government of £1.4bn ($1.7bn) at a civil court case in London brought by Danish tax agency Skat.
- 16/04/2024
TOP STORY: Element Capital Management, the global macro hedge fund firm founded by Jeff Talpins, is planning to return around $4bn in external capital to clients as it looks to improve performance and focus on managing its own funds, according to a report by Reuters.
- 16/04/2024
- 16/04/2024
Hong Kong has granted initial conditional approvals to Harvest Global Investments and a partnership between HashKey Capital and Bosera Asset Management (International) for spot-bitcoin and ether exchange-traded funds, according to a report by Bloomberg.
- 15/04/2024
Headstart Fund of Funds posted its fourth consecutive double-digit positive annual return in 2023, with back-to-back returns in excess of 20% in both 2022 and 2023 seeing it outperform global equity and bond markets and every hedge fund index on both a one- and two-year basis.
- 15/04/2024
Barington Capital, the fundamental, value-oriented activist hedge fund firm founded in 2000 by James A Mitarotonda, wants Paramount Global to scrap its exclusive merger talks with Skydance Media, according to a report by Reuters.
- 15/04/2024
Steve Barbo is leaving his position as Treasurer at ExodusPoint, the $12bn hedge fund firm founded by Michael Gelband and Hyung Lee, having been with the business since before its debut as the largest ever hedge fund launch in 2018, according to a report by Business Insider.
- 15/04/2024
- 15/04/2024
Struggling Covid-19 vaccine maker Novovax is coming under pressure from US-based activist hedge fund firm Shah Capital – which owns 6.6% of the company’s stock – to implement an “urgent shake-up” of its board and overhaul its sales strategy, according to a report by the Financial Times.
- 15/04/2024
Registered investment advisers (RIAs) who run private funds for clients have upped their allocations to private equity investments while cutting their exposure to hedge funds over the last nine years, according to a report by Citywire.
- 15/04/2024
- 15/04/2024
Global proprietary trading firm Jane Street has taken legal action against multi-strategy hedge fund major Millennium Management and two former employees over the alleged theft of trader secrets, according to a report by the Financial Times.
- 15/04/2024
Shares of life insurance company Globe Life dropped by 54% to $57, their lowest point in over a decade, after short seller Fuzzy Panda Research published a research report alleging insurance fraud at the company, according to a report by Reuters.
- 15/04/2024
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