A German court has dropped money laundering charges against Sanjay Shah – founder of defunct hedge fund Solo Capital Partners – in connection with a €330m ($374m) Cum-Ex tax fraud case, citing his conviction in a parallel Danish prosecution, according
Broadridge Financial Solutions has appointed Tina Joshi as Head of Securities Finance and Collateral Management (SFCM) for North America, a strategic hire aimed at supporting it delivery of solutions in the securities finance marketplace.
A sharp rise in long-term US Treasury yields is placing renewed pressure on a widely held hedge fund strategy predicated on the relative outperformance of government bonds versus interest rate swaps, according to a report by Bloomberg.
Pershing Square Capital Management, the hedge fund led by billionaire activist investor Bill Ackman, has initiated a new position in Amazon, while exiting Canadian Pacific, as part of a broader portfolio reshuffle, according to a report by Reuters.
Ultra-wealthy investors are ramping up allocations to hedge funds as volatility prompted by Trump tariffs resurfaces across global markets, according to a report by Bloomberg citing UBS’s latest Global Family Office Report.
Hedge funds led a sharp rise in equity inflows at Bank of America Securities last week, even as retail investors ended a near six-month streak of net buying, according to a report by Investing.com citing the bank’s latest client flow
Banque Cramer has bolstered its investment leadership with the appointment of hedge fund veteran Christine Ravioli as Head of Portfolio Management, following a series of senior roles at leading Swiss private banks and alternative investment firms.
Germany’s oldest private bank, Berenberg, has launched a new UCITS-compliant merger arbitrage fund, offering investors access to a market-neutral strategy designed to capture deal spreads from announced M&A transactions.
Macro hedge fund EDL Global Opportunities is one of the standout performers of 2025, posting a 31% gain year-to-date –even as its founder admits his bearish stance on US equities has come at a cost, according to a report by
Activist hedge fund Elliott Management has secured two board seats at Phillips 66, marking its first-ever successful proxy vote campaign against a major US corporation and signalling a potential strategic shift at the $46bn oil refiner, according to a report
