Rokos Capital Management, the hedge fund firm founded by billionaire trader Chris Rokos, has warned that sterling is vulnerable to further falls in value, according to a report by the Financial Times. And in a further gloomy prediction, the firm
Bill Ackman, the boss of US hedge fund Pershing Square Capital Management, believes that it is ‘only a matter of time’ before the Hong kong dollar’s peg to the US dollar breaks, according to a report by Fortune. The semi-autonomous
ION, a privately-held financial technology group, is in discussions with US hedge fund Davidson Kempner Capital Management over striking a staged-payments deal to acquire Italian bad loan recovery firm Prelios, according to a report by Reuters.
Private wallets and self-custody are becoming increasingly popular with hedge funds in the wake of the collapse of cryptocurrency exchange FTX which highland the risks of relying on a single venue for trading, according to a report by Financial news
US Department store operator Kohl’s is on course for a new showdown with hedge fund investors including Macellum Capital Management LLC and Ancora Advisors after deciding against selling much of its real estate assets and then leasing them back, according
Hedge funds are maintaining their bearish stance on equity markets despite the recent stock market rally prompting them to unwind short bets at a rapid rate, according to a report by Bloomberg.
Shipping and mailing company Pitney Bowes Inc is being pushed to re-evaluate its capital allocation and e-commerce strategy by hedge fund Hestia Capital Partners, according to a report by Reuters.
Hildene Capital Management, a $12 billion credit-focused asset manager, has formed Ludlow Re SPC, Ltd, a Cayman Islands-based, Class B(iii) insurance company.
Microsoft has replaced Amazon.com as the favourite long position for hedge funds, according to a report by Dow Jones Newswires, with Goldman Sachs analysis revealing that 82 funds now have Microsoft as a top ten portfolio holding.
Su Zhu, co-founder of failed cryptocurrency hedge fund Three Arrows Capital (3AC), believes that the collapse of Sam Bankman-Fried’s FTX empire could set the cryptocurrency back by up sebve or eight years, according to a report by Bloomberg.
