Activist hedge fund Engine Capital has officially launched a proxy battle at ride-hailing firm Lyft, nominating two independent candidates to the company’s board in an effort to push for governance reform and improved shareholder returns, according to a report by
A growing number of hedge funds have trimmed their dollar positions this week, after National Economic Council Director Kevin Hassett said on Friday that Donald Trump is studying whether he’s able to fire Fed Chairman Jerome Powell, according to reports
Bill Ackman’s Pershing Square Capital Management has disclosed an almost 20% stake in Hertz Global Holdings, prompting a dramatic surge of more than 56% in the car rental company’s share price, according to a report by Bloomberg.
Hedge fund firm H Partners, one of Harley-Davidson’s largest shareholders with a nearly 9% stake, is escalating pressure on the iconic motorcycle manufacturer by launching a campaign to oust three long-serving board members, according to a report by the Wall
Brazilian hedge funds are repositioning portfolios to capitalise on falling domestic interest rates, as escalating trade tensions – triggered by Donald Trump’s tariff announcements – spark fears of a global economic slowdown, according to a report by Bloomberg.
BlueCrest Capital Management, Michael Platt’s hedge fund-turned family office, has secured full regulatory approval to operate in Dubai, marking a significant milestone in its international expansion strategy, according to a report by Bloomberg.
Greenwoods Asset Management, one of China’s largest hedge funds with over $20bn in AUM, ramped up its exposure to Hong Kong-listed equities during the recent selloff, as ongoing geopolitical tensions and policy uncertainty erode the appeal of US markets, according
Assets under management at Man Group, the world’s largest listed hedge fund, fell by $5.6bn (£4.2bn) in the first two weeks of April to $167bn, as market volatility hit the asset manager’s strategies, according to a report by City AM.
Millennium Management is withdrawing its capital commitment from Pamalican Asset Management, the Hong Kong-based hedge fund launched by former Goldman Sachs executive Jamie Goodman, just eight months after the firm began trading, according to a report by Bloomberg.
Elliott Investment Management has taken a significant activist position in Hewlett Packard Enterprise (HPE), amassing a stake valued at over $1.5bn and making the $70bn hedge fund one of HPE’s largest shareholders, according to a report by Reuters.
