The Arini Credit Master Fund, a $2.2bn hedge fund run by former Credit Suisse European debt specialist Hamza Lemssouguer, has racked up an 18% gain in the first half of the year, on the back of a 5.7% return in
Odey Asset Management’s Absolute Return fund is to reopen as the London-based hedge fund firm prepares for the transfer of manager James Hanbury to a rival firm in the aftermath of multiple allegations of sexual misconduct against Odey founder Crispin
GROW Investment Group, a China-based investment firm backed by Julius Baer Group and Navigator Global Investments, is looking to raise $50 million to buy stakes in domestic hedge fund managers.
Activist hedge fund Elliott Investment has acquired a stake in US drug manufacturer Catalent, after the New Jersey-headquartered, NYSE-listed company saw revenues plunge in the first quarter. Elliott is pushing for changes on Catalent’s board after Catalent’s Q1 fell 19%, according
TOP STORY: Hedge funds are dumping short positions at their fastest pace since January as returns continue to lag the MSCI and bets on a recession continue to falter, according to a report by Reuters.
The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to diversify its investments, according to a report by the Financial Post. The CPPIB, which manages $570
Man Numeric, the quantitative investment arm of Man Group, says macro themes and nation subsets are outdated, with ever-increasing volumes of data from emerging markets now seen as key to peer-beating returns instead, according to a report by Bloomberg. Ori
Activist hedge fund TMR Capital is plotting a bid for The Restaurant Group in a move that would break up the FTSE 250-listed hospitality company behind Wagamama, according to a report by the Daily Telegraph. The British Virgin Islands-based manager,
Digital asset investment products saw minor outflows totaling $6.5m last week, following four weeks of inflows that totaled a combined $742m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Bitcoin was the primary investor focus, as
Bets on shares in AI-related companies, plus wagers on the wider Japanese and US stock markets, helped several Asia-based hedge fund firms outperform their peers during the first half of the year, according to a report by Bloomberg. The report
