Hedge fund industry trade association the MFA has weighed in on one of the investment world's most closely watched legal cases by backing efforts by activist hedge fund Politan Capital Management to reverse "draconian" amendments to medical device company Masimo Corp's bylaws, according to a report by Reuters.
The Managed Funds Association, the trade body for the global alternative asset management industry, has presented the inaugural Women’s Investment Leadership Award to three alternative asset management executives – Anne Dinning (DE Shaw Group), Ulrike Hoffmann-Burchardi (Tudor Investment Corporation), and Kim Lew (Columbia Investment Management Company.)
Hedge funds, asset managers and banks have called on the European Union to carry out a proper costing of its proposals to make market participants move their derivatives clearing business from London to mandatory accounts based in the EU, according to a report by Reuters.
Three Singapore based hedge funds that made money last year while most of their Asian peers struggled, are looking to China to fuel investment opportunities as they bid to extend their winning runs into 2023, according to a report by Bloomberg.
Hedgeweek exclusive: Mike Novogratz, the CEO of Galaxy Digital, gives his thoughts on the state of the digital assets hedge fund industry at the end of the first month of 2023 – and sees signs of progress.
More than 70% of the hedge funds administered by Citco generated positive returns during the fourth quarter of 2022, according to a report by Forbes, with funds of all sizes recording gains.
Activist hedge fund firm Elliot Management is planning to nominate a slate of director candidates at Salesforce after acquire multi-million dollar stake in the could-based software company, according to a report by EuroNews.
US hedge fund Davidson Kempner Capital Management has bought $1.1 billion portfolio of bad debt from Abu Dhabi Commercial Bank (ADCB) consisting of 44 corporate loans to United Arab Emirates-based small- and medium-size enterprises, according to a report by Bloomberg.
Citadel and Millennium Management are among a group of 12 hedge funds that are set to make a profit of more than CAD216 million ($162m) as one of Canada's most bitterly-contested acquisitions nears completion, according to a report by Reuters.
Hedge funds are positioning for a slow down in this year's stellar start for Treasuries by quietly building up the biggest bearish bet on bond futures on record, according to a report by Bloomberg.