Hedge funds and other currency speculators have ramped up their bearish bets on the Japanese yen to the highest levels seen since April 2022, according to a report by Bloomberg, indicating sentiment that weakness in the currency will persist.
The National Bank of Canada and JonesTrading Canada Inc have both been named in a list of creditors of Traynor Ridge Capital Inc by court appointed receiver Ernst & Young, according to a report by Bloomberg, with the value of
Global alternative investment manager, Cheyne Capital, is looking to raise £7.5bn for the next iterations of its Cheyne Real Estate Credit Holdings (CRECH) programme to help fulfil UK and European borrower demand.
Rithm Capital Corp has finally come out on top in the battle to acquire Sculptor Capital Management and its $32,8bn in assets under management, having on Friday completed a $12.70 per share takeover in a deal valued at approximately $719.8m.
Bruno Magalhaes, a former portfolio manager at Autonomy Capital Research, is to join Brazilian hedge-fund major SPX Capital, after shutting down the hedge fund he helped launch in Brazil just two years ago, according to a report by Bloomberg.
Prosperity Capital Management, a hedge fund focused on investments in Russian equities, has blamed Brexit and the UK’s “uncooperative” business environment for its decision to shift its operations from London to Abu Dhabi, according to a report by IntelliNews.
Manulife Investment Management, the global wealth and asset management operation of Canada’s Manulife Financial Corporation, is to boost its footprint in the private credit space with the acquisition of London-based, multi-sector alternative credit manager CQS.
TOP STORY: A significant US stock rally prompted by softer than expected inflation news, saw global hedge funds that use algorithms to trade, suffer their second worst single day of trading so far this year, according to a report by
US hedge fund Schonfeld Strategic Advisors has told 150 of its 1,000 employees that they are losing their jobs as the firm looks to cut costs in the wake of its failed tie-up talks with Millennium Management, according to a
A series of well-timed bets against wind energy stocks have generated positive returns for a number of investment firms, including hedge fund Marshall Wace and quantitative trading firm Qube Research & Technologies, according to a report by The Financial Times.
