Scion Asset Management’s the hedge fund run by Michael Burry of ‘The Big Short’ fame, liquidated almost all of its equity portfolio in Q2, according to a report by MarketWatch.
Hedge funds led a charge by professional investors to unwind bearish wagers and snap up stocks this week, as the S&P 500 saw a 2% gain on Wednesday, according to a report by Bloomberg.
Maxwell Partners, a London-based algorithmic trading, blockchain and digital asset investment firm, has appointed Mikkel Morch and Angus John MacCormick as strategic advisors to strengthen and expand its algo trading business for investors in the cryptocurrency markets. Maxwell Partners offers
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2022 measured 0.92%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, advanced 0.12% in August.
IGas Energy has seen its share price jump by 5 per cent in the past week after hedge fund Odey Asset management revealed a 3.17% stake in the business, according to a report by CMC Markets. The jump takes the
Risk controls and investor disclosures at Melvin Capital Management are being investigated by the US Securities and Exchange Commission (SEC) following the fund’s mauling during last year’s meme-stock frenzy, according to a report by Reuters. Central to the SEC’s investigation
Elliot Management, an activist hedge fund that pushed for change at Twitter two years ago, exited its holding completely during Q2 of this year, after Elon Musk agreed a $44 billion takeover deal for the social media giant in April,
The United States Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), are proposing a change to reporting rules that would require large advisers to certain hedge funds to disclose digital asset exposures more “accurately”, according to
Hedge fund short sellers have again been betting against fashion retailers Asos and Boohoo following an investigation into greenwashing at the two companies by the Competition and Markets Authority (CMA), according to a report by Charged.
The New York Times (NYT) is coming under pressure from ValueAct Capital, an activist hedge fund holding a 7 per cent stake in the business, to increase digital sales by steering subscribers towards premium packages of its products, according to
