A short bet on Spanish multinational pharmaceutical and chemical manufacturer Grifols helped hedge fund General Industrial Partners earn double-digit gains while bullish bet on the same stock left former Elliott trader Frank Tuil nursing a loss, according to a report
Activist hedge fund firm AREX Capital Management will mount a boardroom challenge at US home health and hospice services provider Enhabit, arguing that new directors are needed to help reverse poor financial performance, according to a report by Reuters.
Bankrupt retailer Bed Bath & Beyond is suing Hudson Bay Capital Management – the hedge fund at the centre of a filed last-ditch rescue plan for the business – for more than $300m in lost trading profits as it looks
Geopolitical and economic factors may be behind a potentially significant shift in hedge fund investment and business strategy, including increased fundraising activity and diversification, according to a survey by Dynamo Software, a Bulgarian cloud software provider for the alternative investment
Bridgewater Associates, the world’s largest hedge fund firm, has had to be “rewired” as part of a push to improve investment performance, according to a report by the Financial Times quoting new Chief Executive Officer Nir Bar Dea.
New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by Simon Sadler, which is currently facing insider trading charges in Hong Kong, according to a report by Bloomberg.
South Korean regulator the Securities and Futures Commission (SFC) has asked prosecutors to investigate alleged capital markets rules violations by Australian hedge fund firm Regal Funds Management, according to a report by Bloomberg.
Hedge funds turned bullish on consumer stocks during the week ending 3 May as the latest economic data, including a softening in the US labour market, and comments by Federal Reserve Chair Jerome Powell combined to revive bets on interest
London-based quantitative macro-credit manager Tabula Capital will sell its parent European ETF business Tabula Investment Management, which was founded in 2018, to global asset manager Janus Henderson Group.
A bond market basis trade that has attracted the attention of regulators concerned about financial stability risks has helped hedge fund Exodus Point to chalk up a gain of around 2% for the year to the end of March, according
