Activist hedge fund investor Carl Icahn is gearing up for a second board challenge at Ilumina as he looks to oust directors at the gene-sequencing company just months after shareholders elected one of his director candidates, according to a report
Multi-strategy hedge fund major Millennium Management is moving its European HQ to the firm’s former offices in Mayfair following a complete overhaul and extension of the property, according to a report by the Evening Standard.
Energy investing remains a focus for Balyasny Asset Management, with the Chicago-headquartered hedge fund firm currently hiring traders in Denmark, Singapore, and possibly London, according to a report by Bloomberg.
Ernst & Young, the receiver for failed Canadian hedge fund Traynor Ridge Capital Inc has said that efforts to wind don the company have so far found only $3m in cash, a fraction of the $94m in assets the firm
Global digital asset investment products saw minor outflows totalling $16m last week, bringing to an end an 11-week run of inflows, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
AIMA, a global representative body for the alternative investment industry, along with the National Association of Private Fund Managers and Managed Funds Association, have filed a lawsuit challenging two new SEC rules.
Hedge funds and other large speculators switched to a net short position against the dollar last week for the first time since September amid growing expectations that the Federal Reserve will soon move to “non-recessionary” interest-rate cuts, according to a
Hedge fund Elliott Associates has been granted permission to appeal its court defeat over the London Metal Exchange’s (LME) decision to suspend nickel trading and cancel billions of dollars of trades last year, according to a report by Bloomberg.
BFAM Partners, the Hong Kong-based hedge fund founded by Benjamin Fuchs, has re-hired Eugene Fung, the former Co-head of the Global Financing & Products group at Credit Suisse, to run its credit business, according to a report by Bloomberg.
Canadian financial institution ATB Capital Markets has been granted a mandate to sell the remaining assets of failed Toronto-based hedge fund Traynor Ridge Capital Inc, which collapsed last month following the sudden death of its founder, according to a report
