Activist hedge fund Cannell Capital has acquired close to a 13% stake in medical device company Neuronetics, according to a report by the Philadelphia Business Journal, and is now seeking a seat on the company’s board.
SphereInvest Group (SphereInvest), privately-owned, specialist Investment Management company, has marked the 10-year anniversary of its Global Credit Strategies Fund, which commenced trading on 2 July 2012. Over the last decade, the Global Credit Strategies Fund has consistently outperformed peers, delivering
Confidence levels reported by hedge funds remain upbeat despite continued economic and geo-political headwinds impacting the global economy, according to the AIMA Hedge Fund Confidence Index for Q2 2022. The average measure of hedge fund confidence in the economic prospects
Digital asset investment products saw outflows totalling $39 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares. Total assets under management (AuM) are now at their lowest point since February 2021, at $36 billion, a 59%
US quant investment firm Two Sigma Investment’s China private fund business – the Chinese equivalent of a hedge fund – is seeking to raise about RMB1.2 billion ($180 million) for its managed futures product, according to a report by Bloomberg.
Some computer-driven quant funds are benefitting from the current turmoil in the cryptocurrency markets, according to a report by The Financial Times. Despite trillions having been wiped from the total value of cryptocurrencies recently causing many investors and funds to
Beleaguered cryptocurrency hedge fund Three Arrows Capital Ltd is considering a number of options to tackle its current problems including a sale of assets and a bailout by another firm, according to a report by The Wall Street Journal.
The net asset values of several funds run by Dan Bin’s Shenzhen Oriental Harbor Investment Management Co – one of China’s best known money managers – have shown a sudden rise in volatility indicating that the firm may be rebuilding
Cryptocurrency hedge fund Three Arrows Capital has failed to margin calls for extra cash from lenders after a series of bets on digital assets backfired, according to a report by The Financial Times. Three Arrows has become the lates victim
Hedge fund returns improved month-on-month in May, however, they remained in negative territory amid persistent market volatility, according to the latest monthly Hedge Fund Report from the Citco group of companies (Citco).
