Asia’s most active seed-fund providers are turning to hedge funds with strategies uncorrelated to major macro trends on the back of underwhelming performance on the part of traditional equity and bond portfolios, according to a report by Financial News. The
ION, a privately-held financial technology group, is in discussions with US hedge fund Davidson Kempner Capital Management over striking a staged-payments deal to acquire Italian bad loan recovery firm Prelios, according to a report by Reuters.
LMR Partners has become the latest hedge fund to announce plans to open an office in Dubai following the likes of Millennium Management and ExodusPoint Capital Management in establishing a presence in the emirate, according to a report by Bloomberg.
Scion Asset Management, the hedge fund founded by Michael Burry, who famously predicted the 2008 financial crisis, had upped its bets on private prisons with the addition of new stocks in the third quarter of the year, according to a
Liquidnet, a technology-driven agency execution specialist, has integrated the firm’s proprietary trading analytics into its equities trading application. Powered by Liquidnet Investment Analytics, a sophisticated analytical solution, traders will have access to personalised pre and intra-trade analytics through real time alerts
Astra Asset Management, a European alternative credit manager and private credit manager, has been selected as the exclusive financing partner to Harland & Wolff, the operator of one of Europe’s largest dry docks in Belfast, Northern Ireland. Over its 161-year
Apex Group has closed its acquisition of Darwin Depositary Services, a Netherlands-based provider of depositary services to alternative investment funds including hedge funds, real estate, debt and private equity funds as well as funds investing in infrastructure and renewable energy.
Activist investor Politan Capital Management (Politan), an 8.8% stockholder of Masimo Corporation (Masimo), has filed a lawsuit in the Court of Chancery of the State of Delaware against the company and its board of directors in response to attempts by
Clearwater Analytics Holdings, a provider of SaaS-based investment accounting, reporting, and analytics solutions, is to acquires Paris, France-based JUMP Technology, vastly expanding its capabilities in investment management and operations with a complete front-to-back solution. Clearwater expects the acquisition to close
The last twelve months have seen a sharp rise in the proportion of private equity and hedge fund managers addressing climate change in their ESG policies, according to a new study by LGT Capital Partners. In its tenth annual ESG
