Hong Kong-based hedge fund Oasis Management Company is urging fellow shareholders to vote against chief executive Andy Hornby’s “disproportionate” and “unpalatable” pay deal after almost doubling its stake in the company, according to a report by The Times. The activist
H&R Real Estate Investment Trust and activist hedge fund activist investor K2 & Associates Investment Management Inc have called a truce and agreed on the appointment of two new directors to the REIT’s board, neither of whom were on K2’s
Activist hedge fund TCI has secured a seat on the board at Spanish mobile phone tower operator Cellnex having engaged in a campaign for change at the company which led to the resignation of two independent board members earlier this
Man Group pulled in more than $1 billion in inflows into its funds in the first quarter, amid wider outflows from the hedge fund industry as the sector struggled with surging volatility and fears of a banking crisis.
Fulcrum Asset Management, an independently owned asset manager with £5.1 billion ($6.2bn) in funds under management, has signed a three-year agreement to sponsor Middlesex Women, Middlesex Girls, the Sunrisers and Middlesex Cricket’s new charitable arm, Middlesex in the Community.
Steve Cohen’s Point72 has demonstrated the value it places on nurturing the next-generation of quant analysts, by offering a bumper $300k salary for a teacher to educate its up and coming graduate trainees, according to a report by eFinancialCareers.
Dubai is on the way to becoming a global hedge fun hub with more than 60 firms said to be currently in discussions to establish a presence in the city’s Dubai International Finance Centre (DIFC), according to a new report
Having correctly predicted in February that the rally in emerging markets between October and February would soon reverse, Man Group, the world’s largest listed hedge fund, says risky assets will see even bigger losses later this year, according to a
Hedge fund Corvex Management has become the latest activist investor to push for changes at Algonquin Power & Utilities Corp, having amassed a sizeable stake in the Canadian power company, according to a report by Reuters.
A period of political calm, coupled with unexpectedly strong returns, has had hedge funds rushing to unwind their short positions in Italian government bonds in recent weeks as they look to cut their losses on bets against the heavily indebted
