Abu Dhabi Global Market (ADGM), the city’s international financial centre, embarked on a trade mission to the US last week, in response to “unprecedented demand” from major US-based global asset managers in the hedge fund, private equity and venture capital
Arrowpoint Investment Partners, a new Asia-focused hedge fund headed by former Millennium Management Asia Co-CEO Jonathan Xiong, has secured backing from Blackstone ahead of what is expected to be one of the region’s biggest launches of the year.
Institutional investor interest in catastrophe bonds, one of the riskiest corners of the debt market, is on the increase on the back of reports of record returns at hedge funds including Fermat Capital Management, Tenax Capital and Tangency Capital, according
Activist hedge fund firm Elliott Management wants Japan’s biggest property group, Mitsui Fudosan, to launch a JPY1tn ($6.8bn) share buyback scheme in a bid to improve the company’s market valuation, according to a report by the Financial Times.
The first Danish conviction in the ‘Cum-Ex’ tax evasion scandal has seen a hedge fund trader sentenced to six years behind bars for his role in a scheme that cost the country’s treasury an estimated DKK12.7bn ($1.9bn), according to a
Hedge fund managers from Tribeca Investment Partners, Terra Capital and Anaconda Invest are expecting significant gains for copper stocks in 2024, according to a report by Bloomberg.
Law firm Akin Gump Strauss Hauer & Feld has rehired Ira Kustin, who has experience with both hedge funds and credit funds, as a Partner in its investment management practice in its New York office as part of its expansion
Steve Cohen’s Point72 Asset Management and Capstone Investment Advisors, the volatility arbitrage hedge fund firm founded by Paul Britton, have both expanded their European operations by opening offices in Milan, according to a report by Bloomberg.
Norwegian hedge fund First Seagull has acquired a 5.3% stake in Superdry on the back of a series of profit warnings and a share price slide that the investment firm believes makes the UK-based retailer ripe for a takeover bid,
Activist hedge fund Elliott Investment Management has secured a board seat at online retail platform Etsy with Portfolio Manager Marc Steinberg having been appointed as a Director with effect from 5 February, according to a report by Reuters.
