RTW Investments, a $6.5bn hedge fund focused on investment in the life sciences sector, is under investigation by the Securities and Exchange Commission (SEC) for its role in a contentious proxy fight involving medical technology company Masimo Corp, according to
Diego Megia, a former senior money manager at Millennium Management, is set to expand his hedge fund, Taula Capital Management, by raising an additional $1bn following the firm’s $5bn launch earlier this year, one of the largest in hedge fund
Pershing Square Capital Management, the hedge fund founded by Bill Ackman, has built a significant $2.6bn stake in Toronto-based Brookfield, making it the second-largest position in the firm’s investment, according to a report by the Globe & Mail.
Global hedge funds accelerated their exit from US electric and water utility stocks last week, marking the fastest pace of sales in two months, while heavily investing in US materials stocks, according to a report by Reuters citing a recent
Employee perceptions of diversity and inclusion efforts at hedge funds have dropped to their lowest level in four years, according to a report by Reuters citing Reboot Financial Services’ Race to Equality 2024 report released on Tuesday.
Marshall Wace, the UK-based hedge fund major founded by Paul Marshall and Ian Wace, has adopted Bloomberg’s machine learning-powered real-time pricing data service, IBVAL Front Office, to enhance its systematic credit strategies, according to a report by FTF News.
Two Sigma Investments, one of the world’s leading quantitative hedge funds, is laying off approximately 200 employees following a comprehensive review of its operations by its new Co-Chief Executive Officers, according to a report by Bloomberg.
Diego Megia, the Chief Investment Officer at hedge fund Taula Capital Management, is optimistic about the potential of EU bonds despite recent challenges facing the bloc’s joint-debt issuance programme, according to a report by Bloomberg.
Spain’s High Court has launched an investigation into US-based hedge fund Gotham City, accusing it of disseminating “misleading” information about Spanish pharmaceutical firm Grifols, which triggered a sharp decline in the company’s stock price, according to a report by AFP.
Activist investment firm Gatemore Capital Management has used the 2024 Sohn London Investment Conference to publicly call on YouGov, a market research and data analytics company, to initiate a sale process to unlock shareholder value.
