Chinese construction company Kaisa Group Holdings has seen its efforts to restructure its debt become more complicated after Singapore-based hedge fund Broad Peak Investment Advisers filed a winding-up petition against the company in a Hong Kong court, according to a
Hedge funds are betting that the US Federal Reserve is nearing the end of its current programme of interest rate hikes and have swung to an overall bearish dollar position for the first time since March, according to a report
Dymon Asia Capital, a Singapore-based, multi-strategy hedge fund firm that currently manages around $4bn in assets, has hired ex-Goldman Sachs Group managing director Jaewon Yu as it prepares to raise $1bn in fresh funds, according to a report by Bloomberg.
Algonquin Power & Utilities is being urged to sell a majority of its renewable assets to reduce debt and improve earnings by activist hedge fund Starboard Value, which recently revealed it had a built a 7.5% holding in the business
Said Haidar’s flagship Jupiter hedge fund was back in the black last month after notching an estimated 27.3% gain, going at least some way to reversing some of the heavy losses seen in recent months, according to a report by
4OTC, a fintech provider of connectivity services for digital assets and FX, has partnered with Quod Financial, a provider of multi-asset advanced trading solutions, to deliver a “sophisticated” digital assets trading solution for institutional clients. The partnership combines 4OTC’s API
Digital asset investment products saw $136m of inflows last week bringing the last three consecutive weeks inflows to $470m, fully reversing the prior nine weeks of outflows, according to the latest Digital Assets Fund Flows report from CoinShares.
The San Diego Union-Tribune, the sister paper to the LA Times, has been sold to MediaNews Group, which is owned by hedge fund Alden Global Capital, the owner of hundreds of newspapers around the US, according to a report by
UK financial watchdog the Financial Conduct Authority has been urged by the lawyer representing two of the alleged victims of sexual abuse by Crispin Odey, to ring-fence Odey AM assets to cover potential future damages claims, according to a report
Bobby Jain, the former Co-CIO of Izzy Englander’s Millennium Management, has made the first major hire for his upcoming hedge fund launch – former BofA executive Jonathan Barton, who has been appointed as Chief Operating Officer. Jain, who was prevented
