Wendy’s has named former company executive Robert Wright as chief executive officer, a leadership change that comes amid reports that activist hedge fund Trian Fund Management is exploring a take-private deal for the restaurant chain, according to a report by
Hedge funds increased exposure to leading technology names during April’s equity rally, reinforcing a risk-on stance despite ongoing geopolitical uncertainty and elevated market volatility, according to treasury and liquidity management provider Hazeltree.
Indus Valley Partners has entered into a strategic partnership with Sigma to deliver real-time, AI-powered analytics capabilities to alternative asset managers, as financial firms continue to modernise data infrastructure.
Hedge fund managers at this year’s Sohn Hong Kong Investment Conference pitched investment ideas spanning AI infrastructure, semiconductor supply chains and changing consumer spending habits, according to a report by Bloomberg.
Activist hedge fund Elliott Investment Management has stepped up its artificial intelligence strategy with the appointment of former Blackstone executive Teresa Sweeney to lead its global research and data science group, according to a report by Bloomberg.
Ken Griffin’s Market maker Citadel Securities has added more than 60 employees across Asia this year, underscoring the firm’s continued investment in the region as it expands its trading capabilities and intensifies competition with major Wall Street banks, according to
Arcesium has launched a new artificial intelligence platform designed to embed “agentic AI” across the full investment lifecycle, as hedge funds and other asset managers accelerate efforts to move beyond experimentation and into production-scale automation of core operational workflows.
Hedge funds delivered one of their strongest monthly performances in recent years in April, recovering decisively from March’s losses as gains were broad-based across all major investment strategy groupings, according to data from the Citco group of companies (Citco).
Global equity markets have continued to climb to fresh record levels even as bond markets signal mounting concern over inflation, borrowing costs and the longer-term economic impact of sustained geopolitical tension, according to a report by the Financial Times.
Perpetuals.com, the firm founded by former FTX executive Patrick Gruhn, has launched a new AI-driven trading product designed to turn crowd-sourced strategy signals into profit without requiring users to risk their own capital, according to a report by Bloomberg.
