Rio Tinto’s decision to grant its Australian shareholders the opportunity to vote on a resolution calling for an independent review of its dual-listing structure has been welcomed by London-based activist hedge fund Palliser Capital.
Digital asset investment products saw a third consecutive week of outflows last week, marking the largest weekly outflows on record at a total of $2.9bn, and bringing the three-week total to $3.8bn, according to a the latest Digital Assets Fund
Singapore-based digital assets platform Coinhako is to join Fusion Digital Assets, TP ICAP’s FCA registered UK-based wholesale spot cryptoasset exchange as a trading counterparty providing and consuming liquidity on the exchange.
Malcolm Pratt, Head of Hedge Fund sales Trading in Europe at Bank of America has resigned to take up a new role at Clear Street, a fast-growing independent prime broker which launched operations in the UK in December, according to
Cisu Capital, the London-based hedge fund founded by former Elliott Management portfolio manager Mark Wills, has successfully launched a commingled fund with a commitment from a large endowment, according to a report by Business Insider.
Dubai is stepping up its bid to attract hedge fund startups by launching a dedicated workspace at the Dubai International Finance Centre for smaller firms looking to establish a foothold in the region, according to a report by Bloomberg.
Fast-casual chain Portillo’s is facing a proxy fight as Engaged Capital, an activist hedge fund with an 8.6% stake in the business, pushes for significant operational and strategic changes, according to a report by QSR.
EXCLUSIVE | BNP Paribas’ THEAM Quant fund range (a collaboration between BNP Paribas Global Markets and BNP Paribas Asset Management) has launched a dedicated nuclear energy UCITS fund, in an area that the firm sees as a multi-decade investment opportunity
The talent flow between private equity and hedge funds continues, with Apollo’s Asia-Pacific Chief Operating Officer, Mark Berg, making the switch to Millennium Management as its new Asia-Pacific Chief Financial Officer in Singapore, according to a report by eFinancial Careers.
Verition Fund Management, a global multi-strategy hedge fund firm with $12bn in assets under management, has launched its inaugural internship programme in collaboration with the Dubai International Financial Centre.
