European hedge funds have slashed their exposure to US banks since the beginning of the year, while more or less maintaining existing positions in their European peers, according to a report by Reuters. The report cites a recent client report
Man Group, the world’s largest listed hedge fund manager, is to acquire Varagon Capital Partners, a US middle market private credit manager with $11.8bn of assets under management and $15.4bn of total client commitments.
The prospect of political change coupled with soaring inflation, which has pushed Argentina’s benchmark stock index to a record high, have prompted foreign hedge funds to weigh in on the country’s equities market, according to a report by Reuters. Argentina’s
New York-headquartered hedge fund Millennium Management is planning to expand its operation in India by launching a recruitment drive to fill more than 20 vacancies at its office in Bengaluru, according to a report by The Financial News. The report
Verition Fund Management has become the latest hedge fund to announce plans to open an office in Dubai, following a host of other managers who have expanded to the UAE’s financial hub, including BlueCrest, Millennium Management and ExodusPoint Capital Management,
Chinese construction company Kaisa Group Holdings has seen its efforts to restructure its debt become more complicated after Singapore-based hedge fund Broad Peak Investment Advisers filed a winding-up petition against the company in a Hong Kong court, according to a
Hedge funds are betting that the US Federal Reserve is nearing the end of its current programme of interest rate hikes and have swung to an overall bearish dollar position for the first time since March, according to a report
Algonquin Power & Utilities is being urged to sell a majority of its renewable assets to reduce debt and improve earnings by activist hedge fund Starboard Value, which recently revealed it had a built a 7.5% holding in the business
Said Haidar’s flagship Jupiter hedge fund was back in the black last month after notching an estimated 27.3% gain, going at least some way to reversing some of the heavy losses seen in recent months, according to a report by
Higher volatility creates strong investment opportunities for active managers. Turning these into alpha needs a consistent, diversified approach to allocation. Paul R Lucek (pictured), CEO & co-CIO, Ridgedale Advisors, explains…
