Hedge funds are increasingly targeting the euro for short trades against the yen, driven by speculation that the Bank of Japan (BOJ) will raise interest rates and political uncertainty in Europe, according to a report by Bloomberg citing data from
Paloma Partners, the hedge fund founded by Donald Sussman, is opting to repay investors seeking to withdraw funds with a mix of cash and IOUs following a wave of redemption requests, according to a Wall Street Journal report.
Millennium Management, one of the world’s largest multi-strategy hedge fund firms, is investing nearly $3.3bn in two newly formed trading teams as part of its aggressive push to expand its portfolio of internal and external talent, according to a report
Activist investment firm Metage Capital has called on HarbourVest Global Private Equity (HVPE) to either introduce quarterly tender offers to address its significant share price discount or liquidate its £3.4bn ($4.3bn) portfolio, according to a report by CityWire.
Shares of German speciality chemicals company Lanxess soared by as much as 10% on Monday after news broke that Greenlight Capital, the hedge fund founded by David Einhorn, has acquired a stake of over 5% in the business, according to
Michael Germino’s Ghisallo Capital Management has obtained a regulatory license for its Hong Kong operations, marking a rare move by a foreign hedge fund to expand into the city amid challenging economic and geopolitical conditions, according to a report by
Several large hedge fund firms, including Balyasny Asset Management and Schonfeld Strategic Advisors, capitalised on the market turbulence triggered by Donald Trump’s re-election last month, positioning the industry for its best annual performance in four years, according to a report
Global hedge funds, including Elliott Investment Management, and private equity firms are zeroing in on Japanese companies, aiming to unlock as much as JPY25tn ($165bn) in undervalued real estate assets, according to a report by Bloomberg.
Balyasny Asset Management, the multi-strategy hedge fund firms founded by Dimitri Balyasnay, is making waves in the artificial intelligence space with its in-house tools tailored for financial services, according to a report by eFinancial Careers.
Ocean Leonid Investments, a hedge fund reportedly linked to Iranian oil trader Hossein Shamkhani, has informed staff in its Curzon Street office in London’s Mayfair that the firm is preparing to liquidate its operations in the UK, according to a
