Marshall Wace, the £50bn hedge fund firm founded by GB News co-owner Sir Paul Marshall, has taken short positions against two of Northern Ireland’s biggest tech companies – Belfast-based software group Kainos and Newry-based tech firm FD Technologies.
Ghisallo Capital Management, a Massachusetts-based hedge fund that makes global macro, long-short equity, credit, and distressed credit, event driven, special situations and relative value investments, is opening a new office in Hong Kong, according to a report by Bloomberg.
A 22% gain in 2024 up to the end of April at Qube Research & Technologies has helped boost assets at the London-based quant hedge fund firm from $16bn early this year to $20bn, according to a report by Business
Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by Bloomberg.
Appaloosa Management, the distressed debt-focussed hedge fund founded by David Tepper, boosted its holdings in beaten-down Chinese stocks in Q1 while cutting its exposure to US tech stocks, according to a report by Bloomberg.
Peconic Partners, the $1.8bn long-short hedge fund firm run by Bill Harnisch, has continued a four-year winning run so far in 2024, with the fund up 18% year-to-date, extending a run of outperformance that includes a 26% gain in 2022
Ashford Hospitality Trust’s CEO Monty J Bennett and director Kamal Jafarnia have tendered their resignations following the results of the REIT’s annual stockholders meeting on Tuesday, and a month-long “Monty Must Go” campaign by shareholder and activist hedge fund firm
As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium Management, Schonfeld Strategic Advisors and Point72 Asset Management, according to a report by Bloomberg.
Hedge fund Coatue Management ditched its holding in Apple during the first three months of the year, while fellow Tiger cub Viking Global built a sizeable new position in the tech giant, according to a report by Reuters.
Hong Kong-listed company Wealthink AI-Innovation Capital has invested in a hedge fund run by Tide Capital, an investment firm focused on bitcoin and bitcoin ecosystem investments.
