Two Sigma Investments co-founder John Overdeck has defended a proposed $723m settlement for his wife Laura as a fair division of wealth accumulated during their 24-year marriage, while disputing her claim to a substantially larger share of his stake in
Nelson Peltz’s Trian Fund Management has no immediate plans to pursue a take-private transaction for Wendy’s, despite having explored a potential bid for the US burger chain, according to a report by Reuters citing unnamed people familiar with the matter.
TOP STORY: Saba Capital has stepped up its campaign against Gore Street Energy Storage Fund, calling on shareholders to support proposals to wind up the £244m investment trust and demanding greater transparency around the recent sale of two Irish battery
Activist investor Flashlight Capital Partners has offered to buy the stakes held by five Samsung affiliates in South Korean security-services company S-1 Corp at a 45% premium, according to a report by Bloomberg.
Hedge funds are increasing bets that the Australian dollar will outperform the New Zealand dollar through the end of the year, as stronger Australian inflation expectations revive the prospect of further Reserve Bank of Australia rate increases, according to a
TOP STORY: Hedge funds reduced their exposure to global equities at the fastest rate in two months last week, with investors selling existing long positions more aggressively than they established new short bets, according to a report by Investing.com citing
Japanese only high-frequency trading firm Dharmacapital has moved its entire workforce from Tokyo to Singapore, highlighting the growing challenge facing the country as it competes with other Asian financial centres for trading talent and market-making businesses, according to a report.
Oil prices slipped more than $1 a barrel on Monday as investors locked in some of last week’s gains ahead of an expected US announcement on tougher sanctions against Iran, raising fresh concerns about the outlook for Middle Eastern supplies,
Hedge funds have sharply reduced bearish positions on European diesel, signalling growing expectations that a severe fuel supply squeeze will persist as disruptions to crude and refined-product flows continue, according to a report by Bloomberg.
Hedge funds are stepping up bearish positions against the US dollar as investors assess Treasury Secretary Scott Bessent’s plans to contain elevated US borrowing costs and manage the government’s debt profile, according to a report by Bloomberg.
