Nomura Private Capital has launched its first investment product, the Nomura Alternative Income Fund, which it says marks a significant milestone in the firm’s global push into private markets. Nomura has provided an initial $100 million to seed the fund.
Buyout firm CVC Capital Partners and activist hedge fund Elliott Management are among the suitors to have tabled bids to acquire parts of struggling cinema chain Cineworld, according to a report by Sky News.
Odey Asset Management is among a number of hedge fund firms that have cut back on bets against Baillie Gifford’s Scottish Mortgage Investment Trust after a large fall in its share price, according to a report by the Financial Times.
The prospect of a recession driven by tighter credit conditions following recent turmoil in the global banking sector, prompted hedge funds and other money managers to sell oil-related futures and options contracts at the fastest rate for almost six years,
Global hedge funds’ exposure to US banking stocks has hit a near 10-year record low as the turmoil in the sector triggered by the demise of Silicon Valley Bank and Signature Bank, and the ‘rescue’ of Credit Suisse by rival
Activist hedge fund Elliot Investment Management has decided not to proceed with its planned director nominations at Salesforce Inc, after a rise in the company’s stock price and the initiation of a series of strategic changes at the enterprise software
Credit Suisse’s ‘rescue’ by rival UBS means that a lot of the Swiss bank’s employees may soon find themselves looking for new employment opportunities, but ex-Credit Suisse credit researcher Alexia Mignon has already found a new home with hedge fund
OpenFin, the financial sector’s first common operating system, and the self-styled “OS of enterprise productivity”, has partnered with Dow Jones to integrate news, insights and analysis into desktops at banks, and asset and wealth management firms. Under the new
Alternative data analytics firm QuantCube Technology has launched the QuantCube Core CPI Nowcast indicator for the US economy, which quantifies core inflation by measuring changes in the prices of goods and services. The indicator excludes the food and energy components
Extracting accurate data is one of the biggest reconciliation challenges buy-side investment managers face just over a year out from T+1 for US equities, according to new research from Gresham Technologies, in association with WBR Insights. In a survey of
