Activist investor Starboard Value is pushing Splunk Inc to make changes aimed at boosting its share price after building a nearly 5% stake in the software company, according to a report by Reuters. The report cites an unnamed source as
Hedge fund Light Street Capital Management has joined the growing club of stock-picking hedge funds chalking uo big losses, with the fund now down by 50% so far in 2022, according to a report by Bloomberg. The report cites unnamed
The Invesco Bond Fund saw a significant increase in short interest during September to 12,000 shares at the end of the month, up by 263.6% from the 15 September total of 3,300 shares, according to a report by MarketBeat. Based
Sir Michael Hintze the billionaire founder of hedge fund CQS and longtime Conservative Party donor, is to take up a seat in the House of Lords after King Charles III approved a recommendation from Boris Johnson to grant the 69-year-old
Some of Brazil’s largest hedge fund managers say they are feeling more optimistic about the prospects for the country’s economy following the first round of voting in the Presidential election, according to a report by Bloomberg. The 2 October revealed
Merger arbitrage hedge funds, which bet on the likelihood of corporate mergers and acquisitions closing, could benefit from the relentless rise of the dollar against the the yen, the euro and sterling, according to a report in the Financial Times.
Invast Global has appointed Stephen Tudjman as Global Head of Legal and Compliance. Tudjman joins from AUSIEX, where he was Head of Legal and Governance. Prior to this role, Tudjman held senior legal positions across the financial services industry including
The Vista Multistrategia Fund, one of Brazil’s top-performing hedge funds, posted a record 13% loss in September as oil prices plunged and global interest rates surged, according to a report by Bloomberg. The loss by the fund, which is managed
Chinese macro hedge fund Shanghai Banxia Investment Management Center has called the bottom of the country’s stock rout and predicted that the country is on the verge of a bull market.
Macellum Advisors is again pushing for changes at boardroom level at struggling US department store chain Kohl’s and has written a letter to fellow shareholders outlining its plans. The activist hedge, a long-term holder of nearly 5% on the outstanding
