With hedge funds including Millennium, Citadel, and Balayasny having upped their activity in Europe’s natural gas markets drawn by extreme price swings, their growing dominance now risks destabilising the market and potentially triggering a slump, according to a report by
Hedge funds and leveraged investors have scaled back their bearish positions on US five-year Treasury futures, bringing net short positions to their lowest level since July, according to a report by Reuters citing the latest Commodity Futures Trading Commission (CFTC)
Dan Loeb’s hedge fund, Third Point, is actively evaluating “credible strategic options” as part of a strategic review announced earlier this year to address a significant discount between its share price and the value of its underlying assets amid pressure
Marshall Wace, one of London’s largest hedge funds managing $69bn in assets, has opened an office in Abu Dhabi, making it the latest hedge fund major to join the influx of finance firms into the United Arab Emirates, according to
BlueLine Asset Management, a hedge fund established by former JPMorgan executives, is set to close its operations after five years, reflecting the mounting pressures facing Brazil’s investment industry, according to a report by Bloomberg.
Quantitative hedge fund Seven Eight Capital, the quantitative hedge fund firm spun out of Schonfeld Strategic Advisors just a year ago, is winding down operations after facing significant investor redemptions, according to a report by Business Insider.
Activist investor Barington Capital Group is calling for a leadership overhaul at Matthews International Corp, a leading coffin manufacturer, and wants to name three new directors to the company’s board as part of a bid to oust long-serving CEO Joseph
Accounts filed for BlueCrest Capital Management (UK) LLP (BCCMUK), the main partnership subsidiary for Mike Platt’s hedge fund-turned-family office show that profit-per-member fell from £2.5m to just £498,000m, according to a report by eFinancial Careers.
New research by Beacon Platform, a fintech focused on solutions for quant developers, shows that most hedge funds are spending too much time and manual effort on some important risk management processes, and are willing to switch software vendors to
Hedge fund Garda Capital Partners has filed a lawsuit against rival Schonfeld Strategic Advisors, alleging it unlawfully lured away one of its most prominent fixed-income portfolio managers, Nicolas Monaghan, in violation of his non-competition agreement, according to a report by
