Veteran short seller Jim Chanos has raised fresh doubts over SpaceX’s impending public market debut, arguing that the aerospace company’s proposed valuation is based on “hopes and dreams” rather than near-term financial fundamentals, according to a report by Reuters.
Hedge funds have accumulated what is believed to be the largest-ever collective bearish position against Australia’s banking sector, with short interest estimated at around AUD11bn across the country’s four major lenders, according to a report by News.com.au.
Clearwater Analytics has introduced new factor risk capabilities aimed at hedge funds and asset managers, expanding its platform to deliver unified risk analysis across both portfolio management and investment oversight teams.
Marex has appointed Charlie Woodcock to its outsourced trading team in Hong Kong, further strengthening its execution capabilities across Asia. Woodcock joins from Outset Global where he provided execution and trading services to clients across Asia.
Millennium Management has committed approximately $800m to credit-focused manager Mycor Capital Management, underscoring the continued expansion of large multi-manager platforms allocating capital to external hedge funds through separately managed accounts, according to a report by Bloomberg.
Capula Investment Management has hired Tom Bowles, the former head of portfolio management and later head of liquid alternatives trading at Man Group’s AHL quant division, marking another senior addition to the macro hedge fund’s investment team, according to a
Activist investor Ancora Alternatives has accumulated a significant position in Ashland Inc and is calling for the US specialty chemicals company to pursue a full sale, arguing that a transaction could unlock substantial shareholder value, according top a report by
Fixed income markets are increasingly positioning for a more hawkish Federal Reserve, with derivatives activity suggesting investors are preparing for one or more interest-rate increases before the end of the year and potentially as soon as September, according to a
Activist investor Jana Partners has urged payments and financial technology provider Fiserv o accelerate portfolio rationalisation efforts and strengthen its board with directors possessing deeper banking software and payments expertise, according to a report by Reuters.
Magnetar Capital is preparing to launch a new investment fund that will rely on artificial intelligence agents rather than traditional teams of research analysts to identify and evaluate investment opportunities, according to a report by Bloomberg.
