Hedge funds that pivoted from China to Japan in 2023 have struggled to make money, according to a report by Reuters. The report notes that even though Japan is the third largest economy, fund managers have struggled to make sense
Irradiant Partners, an alternative investment manager with over $10bn in assets under management, announced the closing of $411m in commitments on the third vintage of the Irradiant CLO equity strategy.
TOP STORY: Despite investors limiting their exposure to the Chinese market, computer based funds still see plenty of opportunity in China, according to a report by The Financial Times.
Ogier’s corporate, fiduciary and fund administration services business Ogier Global has appointed David Fowler as European Head of Fund Administration, as the business continues to expand its broad range of services for international fund managers.
Inclusive Capital Partners, the fund founded by Jeff Uben, is closing down after a three year run. The activist investor has decided to close down the firm after it struggled to raise new cash, according to a report by Reuters.
Hedge funds and other money managers have only the equivalent of 3 million barrels in the six most important petroleum futures and options contracts in the week up to Nov 21, according to a report by Reuters.
Activist Investor, Anson Funds has acquired a controlling stake in software firm Twilio, and is pressuring the firm to sell of either its entire business or two of its units, according to a report by CNBC.
Hedge funds have limited their exposure to healthcare equities, while opting for small-cap stocks in the last week, according to a report by Reuters, that cites a BofA Securities note about its clients flow trends.
Dubai is seeing a boom in hedge funds setting up shop in the city, according to a report by Arabian Business. The report cites data from Dubai International Financial Center as confirming that the numbers of funds setting up shop
Activist investor Elliott Investment Management has announced that it is prepared to nominate directors at Crown Castle International, and push out current executives and board members, in light of continued underperformance, according to a report by Reuters.
