Taiwan’s once-robust market for US dollar-denominated convertible bonds has lost momentum after changes to currency hedging dynamics undermined a widely used hedge fund trade, according to a report by Bloomberg
Saba Capital Management has demanded the resignation of the board of Impax Environmental Markets, marking a further escalation in its broader activist campaign across the investment trust sector, according to a report by ThisIsMoney.
Jain Global, the multi-strategy hedge fund founded by Bobby Jain, has stepped up hiring in its London office, adding several senior quantitative specialists in recent months as it develops its data-driven trading platform, according to a report by eFinancial Careers.
Proxy adviser Glass Lewis has recommended that shareholders of WEX support two of the three director nominees put forward by activist investor Impactive Capital, signalling support for limited board change while stopping short of endorsing a full overhaul, according to
The Bank of Japan has cautioned that growing involvement by overseas hedge funds in Japanese fixed income markets could amplify the impact of global market shocks on domestic assets, according to a report by Bloomberg.
David Stemerman ran one of the largest equity long-short launches in history. Then he walked away and built something entirely different. CenterBook Partners – a buy-side alpha capture platform now managing well over $1bn – is his answer to a
Hedge funds focused on life sciences and early-stage biopharmaceutical companies posted a wide dispersion of returns in March, as volatility across broader equity markets weighed on performance, according to a report by Institutional investor.
Activist hedge fund Carrousel Capital says it will continue monitoring the board of the Gartmore European investment trust following its unsuccessful attempt to win board representation, according to a report by Reuters.
Hedge funds are increasing their bets against the US dollar, with options activity pointing to growing conviction that the currency’s recent position weakens further as safe-haven demand eases, according to a report by Bloomberg.
The Securities and Exchange Commission and the Commodity Futures Trading Commission have proposed scaling back hedge fund reporting requirements in a move aimed at reducing compliance costs and streamlining data collection on private funds, according to a report by Bloomberg.
