Global multi-strategy investment firm Arena Investors LP is set to close its Singapore office, reallocating resources to other regions, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Hedge funds posted average returns of 1.3% in September, with managers in Europe, Asia and the Middle East generally outperforming their North American peers, according to a report by Reuters citing a JPMorgan client note.
Denmark’s tax authority SKAT has lost its $1.9bn London lawsuit against hedge fund manager Sanjay Shah and his defunct firm Solo Capital, marking a major setback in its long-running effort to recover losses tied to cum-ex dividend tax schemes, according
Bridgewater Associates’ flagship macro fund Pure Alpha delivered an 8.1% gain in the third quarter, outperforming the S&P 500 and other major US indexes, according to a report by Reuters citing an unnamed person familiar with the matter.
Hudson Bay Capital Management has secured the dismissal of a lawsuit brought by the former Bed Bath & Beyond Inc (Bed Bath), which alleged the multi-strategy hedge fund firm improperly profited from the retailer’s decline, according to a report by
European digital asset platform Melanion Digital has achieved a key regulatory milestone with its subsidiary Sigma Management Lux registering as an Alternative Investment Fund Manager (AIFM) under Luxembourg’s Article 3.2(a) “light” regime.
AQR Capital Management, the $165bn hedge fund led by Cliff Asness, reported strong gains across several of its strategies in Q3, including its flagship Apex Strategy which is now up 15.6% YTD, according to a report by Reuters citing an
Hedge fund managers including Epic Partners and K2 Asset Management are actively positioning to profit from Japan’s closely contested leadership race, with strategies spanning equity sales, yen trades, and selective risk reduction, according to a report by Bloomberg.
Hedge fund majors Citadel, Balyasny Asset Management, and ExodusPoint all continuing their positive year-to-date performance in September, but trailed broader US equity markets, according to a report by Businesse Insider citing unnamed sources familiar with the managers.
Activist hedge fund firm Irenic Capital Management, which holds a 2% shareholding in Workiva Inc, has outlined a series of recommendations aimed at reversing the software company’s recent share price underperformance and accelerating value creation.
