TOP STORY: Palliser Capital, the hedge fund firm founded by James Smith, the former head of Elliott Management Corp’s operations in Hong Kong, is agitating for a raft of changes at Samsung C&T, the effective holding company of South Korean
Dimitry Balasny, the boss of Balyasny Asset Management, has gone ‘back to school’ as part of an initiative to ensure the global multi-strategy hedge fund firm is able to recruit and train the ‘best people’, according to a report by
Blackwells Capital, the activist hedge fund firm founded by Jason Aintabi, is gearing up to challenge for a change in boardroom personnel at US fast-food dining chain Wendy’s Co, according to a report by Reuters.
Trend-following hedge funds went into the final month of the year in bullish mood, adding US, European and Japanese stocks to their holdings, according to a report by Reuters citing a prime brokerage note from JP Morgan.
Stock-picking hedge funds have switched their attention from technology stocks – the mainstay of much of this year’s returns – to other sectors including banking and healthcare, according to a report by Reuters.
Hedge funds continued to cut their holdings of China and broader emerging Asia market stocks in November, with both featuring among the most net sold regions over the course of the month, according to a report by Reuters.
Eastspring Investments and Barings have both reduced headcount in their China hedge fund operations as they battle to gain traction in the RMB6tn ($840bn) local market, according to a report by Bloomberg
GreshamQuant is the systematic arm of Gresham Investment Management LLC, founded by Scott Kerson in 2016, with the first line of code written by Co-Head & Chief Scientist Dr Thomas Babbedge and first trade executed by Portfolio Manager Scott Klipper
Two of SilverBow Resources Inc’s largest investors, including hedge fund Ripose, are pushing the US oil and gas producer to revamp its board to address governance concerns and improve ‘dismal’ performance, according to a report by Reuters.
Andrew Lubin, former CEO of the London unit of Steven Cohen’s SAC Capital Advisors, and Tim Pearey, former CEO of Odey Asset Management, have started a “first-loss” hedge fund in Europe, according to a report by Bloomberg.
