Geopolitical tensions which have made investing in China more difficult, have led to Yulan Capital Management, a hedge fund firm backed by Tiger Management, closing down its operations in New York and Shanghai, according to a report by Bloomberg. The
Activist hedge fund Starboard Value LP has built a 5% holding in Algonquin Power & Utilities Corp because it believes shares of the business are “undervalued” and represent an “attractive investment opportunity”, according to a report by Reuters. The report
Bowmoor Capital, a London-based trend following, global macro hedge fund manager, is making is flagship long/short, systematic, quantitative Global Alpha strategy, which is designed to benefit from price trends in global markets, available to outside investors for the first time,
UK hedge fund manager Man Group has agreed to acquire a 51% stake in Asteria, an ESG-focused boutique money manager owned by Italian private bank Fideuram – Intesa Sanpaolo Private Banking, which will retain the other 49% of the business.Â
Odey Asset Management is planning to restructure one of its oldest funds as part of wider efforts to deal with the fallout from the ouster of founder Crispin Odey following allegations of serial sexual misconduct, according to a report by
New hedge fund launches were steady in the first quarter of 2023 with an estimated 93 new funds making their debut, as managers positioned for opportunities in technology, artificial intelligence, and cryptocurrency, according to the latest HFR Market Microstructure Report.
Barclays has become the latest financial firm to look to sever ties with Odey Asset Management with the bank seeking to end its corporate banking relationship with the London-based hedge fund firm following sexual assault allegations against founder Crispin Odey,
Schroders has partnered with New York-based hedge fund firm Select Equity Group (SEG) to launch the latest fund in its GAIA platform, Schroder GAIA SEG US Equity, a long-biased US equity long-short UCITS vehicle.
Odey Asset Management is in talks with Green Ash Partners over the transfer of a special situations fund run by portfolio manager Adrian Courtenay, as the firm continues to reorganise after sexual assault allegations against founder Crispin Odey, according to
The prospect of the US Federal Reserve ending its programme of interest rate hikes aimed at tackling inflation, now has a number of hedge fund poised to exit their bullish bets on the dollar, according to a report by Bloomberg.
