Activist hedge fund Starboard Value has begun agitating for change at News Corp, including a $7bn (£5.7bn) sell-off of the company’s online property business, having built a stake in Rupert Murdoch’s media empire, according to a report by The Guardian.
Acadian Asset Management, a Boston-based global, quantitative investment manager with around $100bn in discretionary assets under management, is now live on BNY Mellon’s Middle Office services platform.
Hong Kong-based activist hedge fund Oasis Management is line for a potential £40m profit from its holding in The Restaurant Group after private equity major Apollo Global Management made a £506m offer to take the ownership of Wagamama’s private, according
Sales of food, beverage and tobacco stocks by global hedge funds hit the fastest pace seen in 11 weeks last week, as the yields for US Treasuries surged, according to a report by Reuters, citing data from Goldman Sachs’ prime
Dan Niles, the Co-founder and Portfolio Manager of US-based long-short equity hedge fund the Satori Fund, is maintaining his short position on Tesla despite holding a bullish outlook on the broader market, according to a report by CNBC.
Sam Bankman-Fried’s crypto hedge fund Alameda Research diverted between $100m and $150m in bribes to Chinese officials to gain access to locked trading accounts, his former partner and Alameda CEO Caroline Ellison has told a New York Court.
The transfer of funds from Odey Asset Management, in the wake of multiple allegations of sexual assault against the founder Crispin Odey, is continuing, with the firm confirming that the Odey Opportunity Fund and manager Geoffrey Marson have moved to
Li Bei, the founder of Banxia, one of China’s largest macro hedge fund firms, has called on the government in Beijing to set up a stabilisation fund to buy up domestic stocks in a bid to prop up the country’s
With geopolitical tensions and other risks turning many US investors away from China, investment funds based in the world’s second-largest economy, including hedge funds, are seeking new capital sources in the Middle East and other markets, according to a report
Caius Capital, an alternative investment manager focused on distressed and special situations, led a group of creditors in agreeing to provide a financing package aimed at boosting the balance sheet of the UK’s Metro Bank, according to a report by
