Saba Capital Management, the hedge fund led by Boaz Weinstein, has agreed to pause its activist campaign targeting Herald Investment Trust, according to a report by CNBC
Global equities eased and oil prices climbed on the last trading day of the week as renewed clashes involving the US and Iran in the Middle East reignited concerns over energy supply disruptions, interrupting a record-setting run in global stock
Liquidity in global oil markets has thinned sharply as escalating US–Iran tensions and ongoing disruption in the Strait of Hormuz push traders to the sidelines, amplifying price swings in a key benchmark for the global economy, according to a report
Man Group, the world’s largest listed hedge fund firm, has added to its team in New York with the appointment of Eisler Capital senior portfolio manager Allan Levin as a portfolio manager, according to a post on his LinkedIn profile.
Wall Street bonus pools are expected to be broadly flat in 2026, although hedge fund professionals are expected to see continued compensation growth but at a more measured pace than in the most buoyant post-pandemic years, according to a report
Citigroup is sharpening its focus on hedge funds as part of a broader expansion of its markets and prime-linked business, with the bank targeting up to $700bn in hedge fund-related prime balances, according to a report by Bloomberg.
Bloomberg has introduced a new enterprise-level economic dataset designed to improve how quantitative investors model macroeconomic conditions and test trading strategies, expanding its suite of investment research data products for systematic and data-driven workflows.
Saba Capital Management has secured a significant liquidity-focused agreement for shareholders of Herald Investment Trust, marking what the activist investor describes as its sixth successful outcome from seven initial UK investment trust campaigns.
Crispin Odey, the former hedge fund manager and founder of Odey Asset Management, has indicated he may pursue settlements with five women bringing civil claims against him over alleged sexual misconduct, ahead of a scheduled High Court trial in London,
TOP STORY: Hedge funds delivered strong performance in April by rapidly repositioning portfolios around geopolitical developments, with nimble trading strategies and fast allocation shifts proving key to capturing gains across volatile markets, according to a report by Reuters.
