CVS Health Corp saw it stock price climb by 1.7% on Monday after news broke of planned a meeting between the healthcare giant and its major hedge fund investor, Glenview Capital Management, according to a report by MorningStar.
Punit Kaji, a Singapore-based fund manager who joined BlueCrest Capital Management as a Senior Portfolio Manager in September last year, is returning to his previous employer Dymon Asia, according to a report by eFinancial Careers.
Dechert LLP has appointed Anthony Lombardi as a fund finance partner in London to help expand its fund leverage capacity across asset classes, including private equity funds, hedge funds and private credit funds, and bolster its presence in Europe.
Global hedge funds ramped up their purchases of Chinese stocks last week, spurred by Beijing’s unexpectedly wide-ranging package of economic stimulus measures, resulting in the strongest week of acquisitions on record, according to a report by Reuters.
Hedge funds have been offloading US energy stocks at the fastest rate seen in five years marking the sector as the most heavily sold on Goldman Sachs’ prime brokerage trading desk last week, according to a report by Reuters.
Expecting a series of interest rate cuts from the Federal Reserve to rejuvenate the green transition is misguided, according to a report by Bloomberg citing Barry Norris, Founder and Chief Investment Officer of UK hedge fund Argonaut Capital Partners.
An affiliate of activist investment firm Elliott Investment Management, Amber Energy Inc, has emerged as the leading bidder in the auction for Citgo Petroleum Corp’s parent company with a $7.3bn offer, according to a report by Bloomberg.
Bullish bets on gold by hedge funds and other large investors have soared to their highest level in over four years, as the precious metal continued its climb following the Federal Reserve’s first interest-rate cut since 2020, according to a
Walleye Capital has appointed Eric Nolette, the former Head of Sector Data Analysts – Global Equities, at rival multi-strategy hedge fund Citadel, as Director of Data and Insights for its equity long-short business, according to a report by Financial News.
China’s quantitative hedge funds are grappling with increased margin pressures as the country’s largest stock market rally in over a decade continued during trading on Monday, according to a report by Bloomberg News.
