JPMorgan has parted company with Camille Fournier, the former Head of Platform Engineering at hedge fund Two Sigma, who served as its Global Head of Engineering and Architecture for its Corporate & Investment Bank, according to a report by eFinancial
An activist fund at Boaz Weinstein’s Saba Capital Management, which focuses exclusively on investments in BlackRock’s closed-end products, surged by 22% this year up to the end of July, according to a report by Bloomberg.
New York is home to 12,732 hedge funds, clocking the most registrations of all US states, followed by California and Connecticut, according to analysis of hedge fund registration data by fund service provider Repool.
Oasis Management Company, the Hong Kong-based activist hedge fund firm led by Seth Fischer, has outlined three potential strategies aimed at boosting shareholder value at Kobayashi Pharmaceutical amid ongoing troubles at the pharmaceutical and consumer products company, according to a
Banco Bradesco, Brazil’s third-largest bank by market capitalisation, has appointed Gabriel Trebilcock, co-founder of hedge fund Ace Capital, as the new head of its local credit sales and trading division, according to a report by Bloomberg.
Digital asset investment products saw inflows totalling $176m last week as investors saw recent price weakness as a buying opportunity, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Liquidators for the defunct cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3bn from TerraForm Labs, the bankrupt digital assets firm co-founded by Do Kwon over losses incurred from the 2022 collapse of TerraForm’s TerraUSD and Luna tokens,
Hedge fund managers are retreating from high-risk positions, following a volatile week in the markets as the unwinding of billions of dollars of yen-funded trades and growing concerns of a US recession prompted a brutal sell-off and recovery, according to
New York-based hedge fund Starboard Value has acquired a stake in Starbucks joining fellow activist Elliott Investment Management in investing in the troubled coffee retail chain, according to a report by The Wall Street Journal.
Former Engine No. 1 executive Charlie Penner, known for his landmark shareholder campaign against Exxon Mobil Corp over three years ago, has secured backing from the late Julian Robertson’s Tiger Management for his new activist venture, Ananym Capital Management, according
