Turkey’s capital markets regulator has introduced tighter restrictions on hedge funds, limiting their exposure to individual stocks and related-party securities as authorities seek to address concerns over market manipulation and unusually strong returns, according to a report by Bloomberg.
TOP STORY: US regulators have postponed the implementation of expanded hedge fund reporting requirements for a fourth time, giving private fund managers more time before they must comply with additional Form PF disclosures, according to a report by Bloomberg.
Activist investor Engine Capital is pressing EPAM Systems to take decisive action to address a sharp decline in its share price, calling on the IT services company to pursue an aggressive stock buyback or consider putting itself up for sale,
The report cites unnamed people familiar with the situation as confirming that the New York-based hedge fund has held discussions with Air Liquide in recent weeks after establishing its stake. The size of Elliott’s investment and the specific changes
Citadel has accused rival hedge fund Marshall Wace of obstructing a court-ordered document search as the firms continue to clash over the recruitment of former Citadel portfolio manager Daniel Shatzm, according to a report by Bloomberg.
Capula Investment Management is expanding further into systematic trading with the launch of a new commodities strategy, the Capula Alternative Markets Alpha Fund, a quantitative Commodity Trading Advisor (CTA) strategy, according to a report by Bloomberg.
Brazil’s hedge fund industry is undergoing a sharp reversal, with prominent managers closing or restructuring independent firms and major banks increasingly stepping in to absorb investment teams and strategies, according to a report by Bloomberg.
Arini Capital Management’s head of US investments Gavin Yates has left the credit-focused hedge fund, marking another senior departure as the firm adjusts its investment team following a difficult period for performance, according to a report by Bloomberg.
Two Sigma’s billionaire co-founders are facing fresh arbitration proceedings as a long-running dispute over governance and management at the $80bn quantitative hedge fund continues to escalate, according to a report by Bloomberg.
Millennium Management is taking legal action against a Dymon Asia Capital portfolio manager in Hong Kong after she accepted a job offer from the multi-strategy hedge fund and subsequently decided to remain with her current employer, according to a report
