Hestia Capital Management, one of the largest shareholders in Pitney Bowes, is planning to nominate a “majority slate” of board candidates at the shipping-and-mailing firm’s 2023 annual meeting of shareholders as it looks to oust the company’s current CEO and
A number of hedge funds have increased their short bets against tether, the $66 billion stablecoin that some industry insiders believe is a crypto catastrophe in-waiting, and potentially on a scale that would dwarf the recent demise of Sam Bankman-Fried’s
A number of Brazil-based hedge funds have upped their bets against the country’s equity market on the back of an expected deterioration in Brazil’s fiscal outlook under president Luiz Inacio Lula da Silva, according to a report by Bloomberg. Legacy
The world’s largest hedge fund firms are attracting the lion’s share of investor allocations and the brightest talent according to a report by Bloomberg, with 2023 set to be a pivotal year for the $4 trillion industry. The overwhelming majority
Bill Harnisch, the chief investment officer at hedge fund Peconic Partners, is forecasting that stocks will struggle in the coming years, with the S&P 500 trapped in a band between 2,500 and 4,400 for the next 18-36 months, according to
Asia-based hedge funds are on course to chalk up their worst annual performance figures in 12 years, with long-short stock-picking funds having been caught out by volatility in China, according to a report by Reuters. While Asia nmacro strategy funds,
TOP STORY: The Teacher Retirement System of Texas, one of the largest pension funds in the US, has benefitted from a number of winning hedge fund bets placed by the likes of Citadel and Man Group, according to a report
Hedge funds and other money managers continued selling petroleum positions for the fourth consecutive week during the seven days ending 6 December as the price cap on Russian oil came into effect, according to a report be Reuters.
Ray Dalio, the billionaire founder and former boss of hedge fund Bridgewater Associates, has teamed up with Hollywood filmmaker James Cameron to acquire an equity stake in a company that makes submarines for ultra-wealthy clients, according to a report by
Orthogonal Trading has become the latest victim of the fallout from the sudden collapse Sam Bankman-Fried’s crypto exchange FTX and trading house Alameda Research, with the cryptocurrency hedge fund having been declared in default on almost $36 million of loans,
