Hedge fund Fermat Capital Management is forecasting a 20% expansion in the catastrophe bond market in 2025, as institutional and retail investors increasingly allocate to insurance-linked securities (ILS), according to a report by Bloomberg.
David Einhorn, founder and president of hedge fund Greenlight Capital, is doubling down on gold and inflation-linked trades, citing persistent fiscal irresponsibility and long-term macroeconomic risks as tailwinds for defensive positioning, according to a report by CNBC.
Bill Ackman is stepping down from the board of Universal Music Group (UMG), signalling a strategic shift at Pershing Square Holdings, which has reduced its once-dominant stake in the global music label behind artists including Taylor Swift and Lady Gaga,
Hedge funds bought US equities for only the third time this year last week, marking a cautious shift in positioning amid sustained bullishness from retail investors, according to a report by Investing.com citing data from Bank of America Securities.
Toronto-based multi-strategy hedge fund manager Polar Asset Management Partners has acquired Castlefield Associates, a relative-value, systematic futures-focused hedge fund, in a move that bolsters its quantitative investment footprint, according to a report by Pension & Investments.
A group of hedge funds, including AQR Capital Management, DRW Commodities LLC, and Pala Investments Ltd, have withdrawn their compensation claims against the London Metal Exchange over its handling of the 2022 nickel crisis, according to a report by Bloomberg.
Avantyr Capital Partners, the hedge fund launched by former Viking Global Investors Chief Investment Officer Ning Jin, is expected to surpass $1bn in assets at launch, making it one of the largest hedge fund debuts of the year, according to
Global hedge funds experienced only modest gains from the significant rally in US stocks triggered by a US-China trade agreement on tariffs, according to a report by Reuters citing a client note from Morgan Stanley on Tuesday.
Activist investor Elliott Management has gained key support from proxy advisory giant Institutional Shareholder Services (ISS) in its ongoing campaign to overhaul the board of oil refiner Phillips 66 ahead of the company’s upcoming shareholder meeting, according to a report
Ken Griffin’s Citadel is playing a key role in backing legislation in Florida that would permit non-compete clauses and garden leave periods lasting up to four years in the state, according to a report by Bloomberg.
