Hedge funds reduced exposure to major US technology stocks and, in some cases, increased bearish positions in the days leading up to SpaceX’s public listing, according to a report by Reuters citing trading data from JPMorgan.
Activist investor Elliott Investment Management has reportedly acquired an almost 5% stake in UK distribution group Bunzl, marking the latest expansion of the hedge fund’s activism in the British market, according to a report by Bloomberg.
Hedge funds are increasingly divided over whether to continue riding the AI-driven equity rally or reposition for a potential correction after a multi-year surge in technology valuations has created sharp performance divergence across the industry, according to a report by
Ken Griffin is accelerating the build-out of his Miami real estate and office campus after a public dispute over tax policy in New York reignited focus on Citadel’s long-term presence in Florida, according to a report by Bloomberg.
Oasis Management, Pentwater Capital Management, Alpine Global Management, Millennium Management, and Man Group, are facing the prospect of repaying over half a billion dollars after an appraisal arbitrage bet turned sharply against investors, according to a report by Bloomberg.
Elevated interest rates are creating a more attractive backdrop for disciplined private credit investors, even as parts of the sector continue to work through liquidity pressures and structural adjustment, according to a report by CNBC citing a senior executive at
Prime brokers are tightening financing terms and limiting new swap exposure to South Korea’s largest semiconductor stocks as a record-breaking rally in AI-linked names drives concerns over crowding and downside risk, according to a report by Bloomberg.
Brazilian hedge fund SPX Capital is undergoing a significant internal restructuring after a prolonged period of weak performance, client outflows and high domestic interest rates that has reshaped the country’s asset management landscape, according to a report by Bloomberg.
The era of refinancing fixes and liability-management transactions that helped highly leveraged companies avoid default may be nearing its end, creating a potentially fertile environment for distressed investors, according to a report by Bloomberg citing Oaktree Capital Management MD Brook
Australian gold producer Northern Star Resources has rejected calls from activist investor Elliott Management to explore asset divestments or a potential sale of the company, despite mounting pressure over its share price performance and operational execution, according to a report
