Hedge fund ExodusPoint Capital Management is broadening its controversial bonus clawback policy to include senior non-investment staff, signalling a shift in how firms compete for and retain talent amid a heated labour market in the hedge fund industry, according to
Optimism around the US dollar is spreading beyond hedge funds to broader asset management firms, fuelled by a resilient US economy and heightened geopolitical tensions, according to a report by Bloomberg citing new data from the Commodity Futures Trading Commission
Australian hedge fund Regal Partners has officially ended its takeover discussions with Platinum Asset Management after nearly two months of due diligence failed to result in an improved offer, according to a report by Bloomberg.
Polen Capital, a US-based investment management firm, announced on Monday that it has secured preliminary approval for a license to operate in Abu Dhabi Global Market (ADGM), the emirate’s financial centre, according to a report by Reuters.
Five9, a US-based call centre software provider, is reportedly close to a settlement with Anson Funds Management after sustained pressure from the hedge fund and other activist investors seeking changes to enhance its share price, according to a report by
The Bank of England (BoE) has issued a warning about the rising influence of hedge funds in the UK government bond market, highlighting how their use of leverage could amplify financial system vulnerabilities, according to a report by the Financial
Jane Street and Millennium Management have reached a settlement in a lawsuit involving allegations of trade secret theft following the departure of two traders from the proprietary trading firm to the multi-strategy hedge fund, according to a report by Reuters.
Activist investor Palliser Capital has intensified its campaign for mining giant Rio Tinto to unify its dual-listed structure in London and Sydney, advocating for the establishment of a single holding company based in Australia, according to a report by Alternatives
Monolith Management, a technology-focused hedge fund with $300m under management, has delivered an impressive 53% year-to-date return, riding gains in semiconductors, data centres, and a September rally in Chinese equities, according to a report by Reuters.
A growing market for injecting fresh capital into aging energy assets owned by private equity firms through continuation funds has attracted major hedge funds, including Baupost Group and Elliott Investment Management, according to a report by Bloomberg.
