Former Credit Suisse star trader Hamza Lemssouguer’s hedge fund, Arini, has delivered another impressive double-digit return, propelling the firm’s assets to nearly $7bn after just three years of operation, according to a report by Bloomberg.
US-based Hudson Bay Capital Management, UK’s Sona Asset Management, and New York-headquartered Centiva Capital are establishing a presence in Hong Kong, offering a boost to the city as it seeks to regain its standing as a premier financial centre in
Steven Cohen’s Point72 Asset Management has achieved a 14% gain with its newly launched artificial intelligence (AI)-focused fund, reaching nearly $1.5bn in assets within just three months, according to a report by Reuters citing sources familiar with the matter.
Janus Henderson’s CEO Ali Dibadj has urged investors to reject Saba Capital Management’s bid to target UK investment trusts, accusing the hedge fund of “betting on complacency,” according to a report by Reuters.
Hedge fund Third Point, known for its strategic investments, has appointed Joshua Targoff to the role of President as part of its strategy to expand its credit platform, according to a report by Reuters.
Ken Griffin’s Citadel has raised $1bn through the sale of high-grade bonds on Wednesday to fund a payout to its owners, according to a report by Bloomberg UK.
US activist investor Boaz Weinstein has urged British critics to cease spreading misleading claims about his efforts to replace managers at seven underperforming UK investment trusts, which he says have caused significant losses for investors, according to a report by
Pfizer has filed an appeal against a federal judge’s decision to deny the company $75.2m from an insider trading settlement involving billionaire Steven A. Cohen’s former hedge fund, SAC Capital Management, dating back over a decade, according to a report
The Chairman of the FTSE 250 Edinburgh Worldwide Investment Trust, Jonathan Simpson-Dent, has dismissed claims by US hedge fund Saba Capital that it could better manage the trust, stating there is “no evidence” to support such assertions, according to a
Inflation or deflation and geopolitical issues are considered the top two risks facing hedge funds from a ranked list of ten, according to hedge fund executives surveyed by Beacon Platform. This is followed by exchange rates and asset class volatility,
