Most hedge funds continued their recovery in November, with equity and multi-strategy funds leading the way as the overall weighted average return for funds administered by Citco reached a total of 2.9% for the month.
RBC BlueBay Asset Management has made two appointments in its Environmental, Social and Governance Investment team: Younes Hassar has joined the London office as senior ESG analyst, while Emir Beganovic has joined the Minneapolis office as an ESG Analyst.Â
Hedge funds and other money mangers have sold petroleum for a fifth consecutive week, according to a report by Reuters, although the rate of selling has slowed somewhat with the equivalent of 15 million barrels in the six most important
Activist hedge fund PrimeStone Capital has written to chemicals group Brenntag urging the €9 billion German firm to scrap its proposed merger with US rival Univar Solutions, according to a report by Reuters. PrimeStone, which holds a 2% stake in
Big name quant hedge fund firms including AQR Capital Management, Man Group and Aspect Capital are on course for record annual returns this year on the back of the ongoing market turmoil that has caused big problems for traditional stock
Pictet Asset Management has expanded its $11 billion actively managed Total Return franchise with the launch of the Pictet Total Return-Lotus fund, an event-driven, special situations Asia equity fund. Pictet-TR Lotus aims to capture opportunities in Pan-Asian equities by focusing
Third Bridge, an investment research company serving private equity funds, hedge funds, mutual funds and management consulting firms, has launched Maps, a new way to visualise public and private company value chains in a single view, helping investors fast-track early-stage
Activist hedge fund Blackwells Capital has filed a lawsuit against Global Net Lease Inc and Necessity Retail REIT Inc after being prevented from putting forward its own slate of board nominees for the real estate companies, according to a report
Hedge fund Davide Leone & Partners has appointed Graham O’Mahony, a long-serving trader at hedge fund-turned-family office Adelphi Capital, as the firm’s new head of trading, according to a report by the Trade. The report cites a social media update
The globalisation of Brazil’s hedge fund sector is providing a boost to several big banks, including Goldman Sachs Group Inc, UBS Group AG and Deutsche Bank AG, as managers look to overseas investments to boost returns, according to a report
