Activist investor Selwood Asset Management is urging German energy company RWE AG to clear up any uncertainty surrounding its potential share buyback programme as its stock continues to underperform its industry peers, according to a report by Bloomberg.
Activist investment firm Elliott Investment Management has escalated its battle with Southwest Airlines by calling for a special meeting to vote on new board members after nominating eight new candidates who could potentially reshape the airline’s strategy, according to a
A former hedge fund manager for Jefferies Financial Group is pushing back against a fraud lawsuit accusing him of knowingly investing over $100m of the fund’s money in a Ponzi-like scheme involving water vending machines, according to a report by
An FTX customer has filed a lawsuit against Olympus Peak, a hedge fund that bought his claim in the bankrupt cryptocurrency exchange, alleging that the fund underpaid him and is now set to profit more than $1m as a result,
Jun Bei Liu, the manager of one of Australia’s top -performing hedge funds, is set to leave Tribeca Investment Partners to establish her own investment firm after nearly 20 years with the company, according a report by Bloomberg.
Hedge funds have exited bearish positions on Brent crude at the fastest pace in nearly eight years, amid heightened geopolitical risks from the escalating conflict in the Middle East, according to a report by Bloomberg citing data from ICE Futures
A leading Chinese hedge fund, which has surged more than 800% over the past seven years, is taking advantage of the recent dip in Hong Kong-listed Chinese tech stocks, seeing their valuations as still attractive despite a strong rally this
Multi-strategy hedge fund firm DE Shaw has nominated three directors to the board of Air Products and Chemicals after building a $1bn stake in the business, and is urging the company to return to its historically successful business practices, according
Hedge funds are increasing their net-long positions in European natural gas futures as the market heads into winter, according to a report by S&P Global citing data from the Intercontinental Exchange.
Karl Oscar Strøm, a former Partner at Pareto Securities, is closing the Norwegian hedge fund Paleo Fund, which he founded in 2021. following several consecutive years of financial losses, according to a report by AMWatch.
