Elevated interest rates are creating a more attractive backdrop for disciplined private credit investors, even as parts of the sector continue to work through liquidity pressures and structural adjustment, according to a report by CNBC citing a senior executive at
Prime brokers are tightening financing terms and limiting new swap exposure to South Korea’s largest semiconductor stocks as a record-breaking rally in AI-linked names drives concerns over crowding and downside risk, according to a report by Bloomberg.
Brazilian hedge fund SPX Capital is undergoing a significant internal restructuring after a prolonged period of weak performance, client outflows and high domestic interest rates that has reshaped the country’s asset management landscape, according to a report by Bloomberg.
The era of refinancing fixes and liability-management transactions that helped highly leveraged companies avoid default may be nearing its end, creating a potentially fertile environment for distressed investors, according to a report by Bloomberg citing Oaktree Capital Management MD Brook
Australian gold producer Northern Star Resources has rejected calls from activist investor Elliott Management to explore asset divestments or a potential sale of the company, despite mounting pressure over its share price performance and operational execution, according to a report
ExodusPoint Capital Management has attracted $2bn in new investor commitments, increasing its assets under management to approximately $14.5bn and underscoring continued appetite for large multi-strategy hedge fund platforms, according to a report by Bloomberg.
Veteran short seller Jim Chanos has raised fresh doubts over SpaceX’s impending public market debut, arguing that the aerospace company’s proposed valuation is based on “hopes and dreams” rather than near-term financial fundamentals, according to a report by Reuters.
Hedge funds have accumulated what is believed to be the largest-ever collective bearish position against Australia’s banking sector, with short interest estimated at around AUD11bn across the country’s four major lenders, according to a report by News.com.au.
Activist investor Ancora Alternatives has accumulated a significant position in Ashland Inc and is calling for the US specialty chemicals company to pursue a full sale, arguing that a transaction could unlock substantial shareholder value, according top a report by
Fixed income markets are increasingly positioning for a more hawkish Federal Reserve, with derivatives activity suggesting investors are preparing for one or more interest-rate increases before the end of the year and potentially as soon as September, according to a
