Fasanara Capital has appointed Dr Darran Specter, CFA, as Head of Quant Equity, as the $6bn asset manager continues to expand its quantitative investment platform.
TOP STORY: Hedge funds and other currency investors are increasing their use of options to navigate heightened uncertainty around the yen ahead of key US inflation data, with traders split over whether the dollar is poised for further gains against
Viridian Asset Management, the Hong Kong hedge fund firm founded by former Segantii Capital Management portfolio manager Pascal Guttieres, grew assets to $680m after attracting a new investor and generating strong returns during July’s market turmoil, according to a report
AI-focused hedge fund Situational Awareness has accumulated an 11.62% holding in Japanese electronics manufacturer Taiyo Yuden, sending the company’s shares higher as investors assess the fund’s latest position following a sharp selloff in technology stocks, according to a report by
Activist investor Flashlight Capital Partners has lost a closely watched legal challenge against former directors of South Korean tobacco giant KT&G, in a case that tested the extent of board accountability over treasury shares, according to a report by Bloomberg.
Activist investor Erez Asset Management is intensifying its campaign at manufactured-housing real estate investment trust UMH Properties, urging the company to undertake a strategic review that could result in a sale, according to a report by Bloomberg.
The former chief financial officer of a Miami Beach-based hedge fund has pleaded guilty to securities fraud after admitting to stealing more than $3m from his employer over a four-year period, accorfing to a report by Bloomberg.
Trend-following hedge funds are carrying their largest-ever bearish exposure to global government bonds, increasing the potential for a sharp reversal if this week’s US inflation data weakens expectations for further Federal Reserve rate increases, according to a report by Bloomberg.
Blue Pool Capital, the investment firm backed by Alibaba chairman Joe Tsai, has raised $300m in the first close of a new vehicle targeting hedge fund strategies, as demand for alternative investments continues to attract wealthy investors and institutions.
Value Aligned Research Advisors, a hedge fund built around the artificial intelligence investment theme, suffered a 44% loss in July as a sharp selloff in AI-related stocks hit crowded positions across the sector, according to a report by Bloomberg.
