Michael Cembalest, chairman of market and investment strategy at JP Morgan Asset Management, has highlighted several “warning signs” in the hedge fund sector, despite strong overall performance this year, according to a report by Institutional investor.
Maples and Calder, the Maples Group’s law firm, has advised Merit Incentives Holding Ltd (Merit) on its Series B equity funding round, securing $25,000,000.
Maples and Calder, the Maples Group’s law firm, has advised Merit Incentives Holding Ltd (Merit) on its $25m Series B equity funding round.
Sydney-based Tribeca Investment Partners and Florida’s Segra Capital Management are among several hedge fund managers raising concerns about the overvaluation of nuclear power stocks and reducing their exposure following an exceptional rally this year, according to a report by Bloomberg
Billionaire investor Daniel Loeb’s hedge fund, Third Point, plans to acquire fund manager AS Birch Grove in a strategic move to enhance its credit investment capabilities, according to a report by Reuters.
South Korean hedge fund Must Asset Management, which has delivered an impressive 50% return this year – far outpacing the nation’s sluggish stock market – is spotlighting governance issues at mining conglomerate Young Poong over its handling of shareholder returns,
Richard Northridge, a former portfolio manager at Citadel, has secured $1bn from Marshall Wace to trade for its flagship hedge fund, according to a report by BNN Bloomberg citing an investor letter.
Activist Jana Partners has called for “significant” leadership changes at Lamb Weston Holdings, suggesting the company explore alternatives, including a potential sale, if its demands aren’t met, according to a report by Bloomberg.
Millennium Management, one of the world’s largest multi-strategy hedge funds, is channelling approximately $1.8bn into two investment teams as part of a strategy to deploy capital both within and outside its organisation, according to a report by Bloomberg.
Philip King’s Regal Partners Ltd has made a bid to acquire rival Platinum Asset Management Ltd. as part of its aggressive expansion, which has seen its assets more than triple in the last two years, according to a report by
