A rift between the co-founders of New York-based hedge fund Two Sigma Investments over the firm’s organisation and succession plan, as well as a host of other disputes, could pose a risk to the firm and its clients, according to
A new study of new hedge funds launched by established managers from private funds industry law firm Seward & Kissel, reveals a sharp divergence in the management fees charged depending on investment strategy.
South Korea has been ordered to pay around $53.6 million in compensation to US hedge-fund manager Elliott Management by an international arbitration tribunal over the controversial merger of two Samsung units back in 2015 that resulted in a corruption scandal,
AXA’s Hong Kong-based hedge fund division, AXA IM Chorus, has closed down and chief investment officer Hector Chan has left the firm, after AXA redeemed its shares in the two AXA IM Chorus Luxembourg funds, which launched in 2017, according
Global hedge funds holding short positions in Ocado, including Man and AQR, were facing potential losses on Thursday after shares in the UK online grocery business surged, according to a report by Reuters citing data from research group Breakout Point.
GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management LP have closed a $493 million collateralised loan obligation (CLO), GoldenTree Loan Management US CLO 17 (GLM US CLO 17), to be managed by GLM II.
Ken Griffin’s Citadel has slashed its holding in UK fashion retailer Boohoo from 8.9% to just 1.8% after shares in the business fell from 62p at the time of the hedge fund’s initial investment, to just 34p, according to a
India will experience significant economic growth, similar to that seen during China’s economic transformation in the 1980s, according to a report by the Hong Kong Standard, citing Ray Dalio, the founder of hedge fund Bridgewater. Dalio praised the leadership of
Former hedge fund manager Hugh Hendry is bullish on bitcoin believing that the market cap of the flagship cryptocurrency could triple to $1.5 trillion on the back of worsening global macroeconomic conditions, according to a report by CryptoGlobe. Speaking in
Oasis Management, the Hong Kong-based activist hedge fund firm that owns 14% of Wagamama owner The Restaurant Group, has aired fresh concerns over the management of the company following the departure of chief financial officer Kirk Davis, according to a
