Odey Asset Management founder Crispin Odey has settled a series of civil personal injury claims relating to allegations of sexual assault, bringing to a close another major legal dispute involving the former fund manager, according to a report by the
Morgan Stanley has upgraded its outlook for US equities, citing stronger-than-expected corporate earnings and continued economic resilience as key drivers behind its increasingly constructive stance on the market, according to a report by Bloomberg.
Citadel’s decision to ask some members of its Hong Kong-based global quantitative strategies (GQS) team to relocate was part of a global strategy to bring teams closer together and not related to concerns over data security, as claimed in a
Trian Fund Management, led by activist investor Nelson Peltz, is seeking external financing partners for a potential bid to take fast-food chain Wendy’s Company private, according to a report by the Financial Time citing unnamed people familiar with the discussions.
Hong Kong-based Pamalican Asset Management Ltd has vacated space in one of the city’s most high-profile office buildings, The Henderson, roughly a year after its early backing from Millennium Management was withdrawn, according to a report by Bloomberg.
Millennium Management has hired a Sameer Buch (pictured) a senior equities business development executive from rival hedge fund Schonfeld Strategic Advisors in London, as the firm continues to expand its equities platform in Europe, according to a report by eFinancial
Marex Group plc has launched a new Relative Value Execution desk aimed at supporting hedge funds and institutional clients executing increasingly complex fixed income and futures strategies amid heightened volatility and fragmented liquidity conditions.
Investors representing close to 10% of Intertek Group Plc, including activist hedge funds Lost Coast Collective and Palliser Capital, are calling on the company’s board to engage with PE firm EQT AB over its final offer to acquire the testing
Dymon Asia Capital Pte Ltd is on track to reach $8bn in assets under management, exceeding earlier expectations as global investor demand for Asia-focused hedge fund strategies continues to strengthen, according to a report by Bloomberg.
CVS Group Plc is facing renewed pressure from activist investor Converium Capital, which is urging the UK veterinary care operator to launch a £100m share buyback following a period of weak stock performance, according to a report by the Financial
