Global hedge funds bought more stocks than they sold for the second consecutive week last week, mainly in ‘cyclical’ sectors such as energy, industrials and materials, amid an “almost no panic” market, according to a report by Reuters.
London-based asset management firm Silchester International Investors has built a 5% stake worth around £120m ($152m) in ITV, the UK’s largest commercial television broadcaster, according to a report by Morningstar citing regulatory filings.
Alternative fund managers are concerned about the growing threat they face from money laundering risks and their organisation’s focus on anti-money laundering management is set to increase over the next 24 months, according to new research from Ocorian, a provider
AGF Management has made a strategic investment in New Holland Capital, a New-York based multi-strategy investment manager with more than $5bn in AUM and more than 17 years of experience in absolute return investment strategies.
New hedge fund managers are struggling to attract investment to their funds with inflows in 2023 falling to new lows, according to a report by Reuters, citing a client report published by Goldman Sachs on Friday last week.
Just a week after boosting their long bets on the Swiss franc, hedge fund have flipped to a bearish position on the currency amid speculation that the central bank is no longer supporting the currency with purchases and could be
California-based hedge fund and activist shareholder Butler Hall Capital has issued an open letter to French skincare company L’Occitane, urging its board of directors to relist on a US exchange and reconsider the company’s valuation following news of Blackstone’s potential
Hedge funds’ bets have switched from bearish to bullish after the US economy’s unexpected job surge in the first six weeks of 2024 boosted optimism for the dollar, which has climbed nearly 3% so far this year, according to a
Short seller Muddy Waters Capital has placed bets against the shares of Canadian insurance company Fairfax Financial Holdings after releasing a report alleging that the company has consistently manipulated asset values.
Hudson Bay Capital Management, a global multi-strategy investment firm headquartered in Greenwich, Connecticut, with $20bn in AUM, has appointed SS&C GlobeOp to provide fund administration services.
