Activist hedge fund Elliott Investment Management has stepped up pressure on Australian gold producer Northern Star Resources, putting forward six potential directors after negotiations with the company failed to deliver agreement on board changes, according to a report by Northern
Brazil’s upcoming presidential election is beginning to unsettle investors, with several asset managers reducing exposure to the Brazilian real and local bonds after a strong run for the country’s carry trade, according to a report by Bloomberg.
Asia-focused hedge fund manager Arrowpoint Investment Partners is strengthening its investment and management ranks with a series of hires from UBS’s former O’Connor platform, including the unit’s regional head and its China long-short team, according to a report by Bloomberg.
Buy-side firms are increasingly looking to integrate foreign exchange trading into broader multi-asset execution management systems, with the ability to monitor risk across asset classes in real time emerging as the main motivation for consolidation, new research shows.
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.
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 the Japanese
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.
