Activist investor Caius Capital has made an additional $11 million investment in Metro Bank taking its stake to 5% in total and making it one of the troubled challenger bank’s ten largest investors, according to a report by CityAM. The
Steve Cohen’s Point72 has been granted regulatory approval in the UK, a decade after his previous firm paid a record $1.8 billion in fines after pleading guilty to insider trading charges, according to a report by the Financial Times. The
Activist investor Elliott Management Corp has acquired a multi-billion dollar holding in cloud-based software firm Salesforce Inc, but has yet to reveal its strategy for increasing value at the company, according to a report by Reuters. The report cites a
Ken Griffin’s Citadel is now the best ever performing hedge fund in terms of annual returns having chalked up a $16 billion profit for investors in 2022 on the back of a raft of winning wagers including bonds and equities,
Hedge funds and other professional investors are betting that China’s economy will successfully reopen and return to a pre-pandemic “normal” after the country ended most “Zero Covid” controls, according to a report by CNBC.
Brazil’s top performing hedge funds have cut domestic wagers because of the country’s recent political problems and are instead betting on everything from a rally in crude prices, to short strategies for another slump in US stocks, according to a
Profits at Crispin Odey’s hedge fund business halved during the company’s last financial year ended 5 April, 2022, on the back of a sharp drop in performance fees, according to a report by Financial News.
Shanghai Banxia Investment Management Center, one of China’s top-performing macro hedge funds, believes that any pickup in the country’s consumer spending following the lifting of ‘Zero Covid’ measures, will be mild, making a stock market rally less likely than many
Alan Howard, co-founder of Brevan Howard Asset Management, has seen his pay jump by 46% compared to the previous tax year to £82 million despite a 20% drop in profits at the London-based hedge fund firm to £105 million, according
Many global hedge fund managers are seeking exposure to commodities and bonds in 2023 as they prepare for a year of persistently high inflation, according to a report by Reuters. The report cites a Reuters’ survey of 10 global asset
