Odey Wealth Management, a UK and Guernsey based former subsidiary of Odey Asset Management, is to close and return assets to clients in the wake of the multiple allegations of sexual assault and harassment made against the firm’s founder Crispin
Bets that US regulators would be unable to stop Amgen Inc from completing its $28bn acquisition of Horizon Therapeutics have yielded big gains for hedge funds Pentwater Capital Management, HBK Investments and Farallon Capital Management, according to a report by
Health reasons have prompted Jos Shaver, the founder of $3bn New York-based hedge fund firm Electron Capital Partners, to step-down from his role as Chief Investment officer and Managing Partner of the business, according to a report by Bloomberg.
Two Sigma, a quant hedge fund with nearly $60bn in AUM, has put one of its researchers on leave after the employee tampered with the firm’s investment models, resulting in some clients losing money, according to a report by Bloomberg.
With supply and demand woes weighing heavily on agricultural pricing, hedge funds have upped their bearish bets on grain futures to the highest level seen since the early months of the pandemic, according to a report by Bloomberg.
Nelson Peltz, the veteran activist investor and founder of hedge fund Trian Fund Management, is gearing up for a new multi-seat board challenge at Walt Disney, less than 10 months after the company set out a strategy to address his
Rithm Capital, the real estate investment firm looking to seal a deal to acquire Scupltor Capital Management, is sticking with its original offer for the business despite a an improved bid from a rival group led by Saba Capital boss
Poor performance and investor withdrawals have seen assets at Pelham Capital, one of London’s major equity hedge fund sector players, plummet by more than three-quarters over the past three years, according to a report by The Financial Times.
Odey Asset Management’s flagship European Inc hedge fund is to be relaunched at Bainbridge Partners with manager Freddie Neave joining the firm too, after talks over a transfer to Landseer Asset Management collapsed, according to a report by Bloomberg.
KCL Capital, the stock focused hedge fund firm founded by Point72 alumni Chris LaSusa and Kevin Cottrell has closed after nearly six years, with Cottrell moving to multi-strategy investment firm Balyasny Asset Management, according to a report by Bloomberg.
