Hedge funds and distressed debt specialists are scooping up Adani Group’s dollar bonds, while traditional asset managers are ditching their holdings on the back of short-seller Hindenburg Research's damning assessment of the business, according to a report by Bloomberg,

Activist hedge fund Third Point owns a stake in Salesforce Inc, the software company currently facing pressure from four other activist investment firms to make changes at board level, according to a report by Reuters.

Brazilian hedge fund manager SPX Capital is taking a leading role alongside other asset management firms in restructuring negotiations on behalf of a group of investors holding local bonds of troubled retailer Americanas SA, according to a report by Bloomberg.

Global funds services and solutions provider Ocorian has appointed Peter Corry as head of global funds, Luxembourg. Corry joins from IQ-EQ where he spent the last three years as Country Delivery Director for the firm's Luxembourg operations. 

A record of consistently high returns is allowing multi-manager hedge funds to command expenses fees three times higher those charged by their traditional single-manager fund peers, according to a report by Reuters.

Man Group, the world’s largest listed hedge fund is positioning for a sell-off in emerging markets putting it at odds with the bullish stance adopted by many of Wall Street's larger investment banks including Morgan Stanley Investment Management and Goldman Sachs, according to a report by Bloomberg.

An Asian subsidiary of US-based hedge fund Citadel, is looking to tap into investment opportunities on the Chinese mainland having submitted an application to the country's securities regulator to become a qualified foreign Institutional Investor (QFII).

Verde Asset Management, one of Brazil’s best-known hedge fund managers, has been hit by what its says is the biggest case of Brazilian corporate fraud on record, after accountancy 'inconsistencies' led to the collapse of Brazilian retailer Americanas, according to a report by Bloomberg.

A unexpectedly sharp surge in stocks last week saw hedge funds rushing to exit losing bets on falling markets at the fastest pace in years, according to a report by the Financial Times.

Brevan Howard Asset Management is the latest big name hedge fund firm to expand its presence in the Middle East with news of plans to open a new office in Abu Dhabi in the United Arab Emirates (UAE), according to a report by Bloomberg.