ExtractAlpha, a provider of alternative data and analytics solutions to hedge funds and other asset managers, has acquired ESG Analytics, a platform offering real-time, actionable insights into environmental, social, and governance metrics.
Saba Capital has suffered further blows in its ongoing effort to shake up Britain’s £269bn investment trust sector, as shareholders in two more trusts rejected the US activist hedge fund firm’s board proposals on Monday, according to a report by
Hedge funds aggressively sold off US equities for a fifth consecutive week last week, anticipating market turbulence ahead of President Donald Trump’s new tariff measures, according to a report by Bloomberg citing data from Goldman Sachs’ prime brokerage unit.
Guenther Klar, a former trader at Solo Capital Management who was convicted for his role in the massive Cum-Ex trading scandal, which defrauded Denmark of DKR12.7bn ($1.8bn), has had his prison sentence reduced by a Danish appeals court, according to
US activist investor Saba Capital Management may have lost the first battle in it bid to overhaul Britain’s £269bn ($333bn) investment trust sector, but the war is far from over with five more trusts set to face shareholder votes over
Jason Sippel, co-Head of Global Markets at JPMorgan Chase, is set to leave the US bank after more than 20 years to take on a high-profile role at UK-based macro hedge fund Rokos Capital Management, according to a report by
LoCorr Funds, a provider of low-correlating alternative investment strategies, has launched the LoCorr Strategic Allocation Fund, a new mutual fund designed to capture equity market gains while minimising losses during periods of market volatility.
Smiths Group has unveiled plans to break up, marking the end of the last major industrial conglomerate listed on the London Stock Exchange, following pressure from Engine Capital, a US activist hedge fund holding a roughly 2% stake in the
Hedge funds have poured billions into bets against the US stock market, anticipating a potential crash under Donald Trump’s presidency, according to a report by the Telegraph citing data from Goldman Sachs showing a sharp rise in short positions in
Live Nation Entertainment and Apple were the most shorted large-cap stocks in the US during December 2024, according to the latest Shortside Crowdedness Report from Hazeltree, a data analytics and treasury technology firm for alternative asset managers.
