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,
Boaz Weinstein, the head of US hedge fund Saba Capital, has expressed his ambition to act as a “white knight” for UK investors and the London Stock Exchange by investing in the £266bn UK investment trust sector, according to the
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, plans to resign from macro hedge fund Key Square Group and divest his assets to prevent conflicts of interest if confirmed by the Senate, according to a report by Bloomberg.
John Overdeck and David Siegel, the billionaire Co-Founders of Two Sigma Investments, are set to enter arbitration following a long-running dispute over the future direction of the quantitative hedge fund, according to a report by Reuters.
