London-based hedge fund Caxton Associates has chalked a $270m gain this month leverage strategic bets on both US Treasuries and the Japanese yen to boost performance amid recent market volatility, according to a report by the Financial Times.
Recent data from Jefferies has revealed a significant shift in hedge fund portfolios, particularly within Magnificent 7 stocks, with managers favouring Amazon and Microsoft over Netflix and Meta, according to a report by Investing.com.
Pershing Square Capital Management, the hedge fund firm led by Bill Ackman, added new companies to its investment portfolio for the first time in over a year in the second quarter of 2024, with wagers on Nike and Brookfield, according
Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, is facing losses from its holding in Chipotle after the burrito chain’s stock tumbled on Tuesday on news that CEO Brian Niccol was jumping ship to Starbucks, according
US hedge fund Whitebox Advisors is endorsing a new restructuring plan for struggling German battery manufacturer Varta that could allow ordinary shareholders to inject fresh capital into the business, according to a report by Bloomberg citing unnamed sources familiar with
Coffee giant Starbucks ousted its CEO Laxman Narasimhan on Tuesday morning in favour of Chipotle Mexican Grill’s Brian Niccol, following two months of mounting pressure from activist hedge fund Elliott Investment Management, according to a report by the Financial Times.
Mount Lucas Management, a $1.7bn hedge fund based in Pennsylvania, has recently liquidated its long US Treasury positions, signalling a cautious stance on expectations of future Federal Reserve rate cuts, according to a report by Bloomberg.
An activist fund at Boaz Weinstein’s Saba Capital Management, which focuses exclusively on investments in BlackRock’s closed-end products, surged by 22% this year up to the end of July, according to a report by Bloomberg.
New York is home to 12,732 hedge funds, clocking the most registrations of all US states, followed by California and Connecticut, according to analysis of hedge fund registration data by fund service provider Repool.
Oasis Management Company, the Hong Kong-based activist hedge fund firm led by Seth Fischer, has outlined three potential strategies aimed at boosting shareholder value at Kobayashi Pharmaceutical amid ongoing troubles at the pharmaceutical and consumer products company, according to a
