Retail traders across Europe are engaging in a coordinated challenge to hedge funds – including Marshall Wace and Millennium – holding short positions in a handful of European stocks in a tussle reminiscent of the 2021 GameStop saga in the

The sharpest plunge in the Turkish lira in four years has soured one of the most lucrative carry trades in emerging markets – forcing multi-strategy hedge funds to unwind positions, according to a report by Bloomberg.

Boundary Creek Advisors, a New York-based credit hedge fund founded by former BlueMountain Capital Management traders, is returning part of its capital to investors as it looks to shrink its asset base following three consecutive years of losses, according to

The recent market downturn, which pushed the S&P 500 into correction territory after falling more than 10% from its peak, was not driven by hedge funds rushing to exit equity positions, according to a report by MarketWatch citing a client

Hedge fund Engine Capital has launched a campaign to overhaul the board of directors at Parkland Fuel, urging the gas station operator to act decisively on its strategic review initiated earlier this month, according to a report by the Globe

Mining giant Rio Tinto has reaffirmed its commitment to a dual-listed structure and urged shareholders to reject a proposal by activist hedge fund Palliser Capital to review its listings in London and Sydney, according to a report by Reuters.

Hedge fund giant Citadel has hired John Szatmary, a longtime Google engineering leader, as its new Head of Product Security. Szatmary, who is based in New York, has over eight years of experience in the tech sector, according to a