Bridgewater Associates, the hedge fund run by billionaire investor Ray Dalio is expanding its presence in the Asia-Pacific region with the opening of a new office in Singapore, according to a report by FinewsAsia. The new office, in Singapore’s central
Assets at Lone Pine Capital have plunged by 43% to $167 billion after the firm’s hedge and long only funds both racked up losses of over 30% so far in 2022, according to a report by Bloomberg.
Concerns over political instability in Italy have prompted hedge funds to ramp up their bets against the country’s government bonds to the highest monthly level seen since the global financial crisis, according to a report by the Financial Times. The
Some, but not all, US tech stocks are back in favour with hedge funds, according to a report by Bloomberg, with managers betting big on megacaps while reducing their overall holdings. The report cites data released by Goldman Sachs as
Julian Robertson, founder of Tiger Management and the mentor to a generation of ‘Tiger Cub’ hedge fund managers, has died at the age of 90. Fraser Seiten, a longtime spokesperson for the billionaire investor, said on Tuesday that Robertson passed
A prominent advisory firm has advised shareholders in luxury goods company Richemont to vote against activist investor Bluebell Capital Partners board nominee at a forthcoming annual meeting, according to a report by SwissInfo. In a report on Monday, Institutional Shareholder
M28 Capital has acquired an additional 2.85 million share in Adagio Therapeutics (ADGI) at an average of $4.28 per share, bringing its holding to 9.2 million, according to a report by 247WallStreet. The report cites a 13D/A filing with the
LHG Capital Management (LHG), a hedge fund firm focused on global macro investment strategies, received over US$600 million in net inflows in 2022, pushing the firm’s total assets under management to over $750 million in August 2022. LHG is now
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has secured it eighth Microsoft Gold Partner Status competency in Data Platform. Gold Partner Status is awarded to only the top 1% of Microsoft partners and is
Third Point, the hedge fund run by Daniel Loeb, has disclosed a $1 billion stake in Disney and is pushing for a spin-off of the entertainment giant’s sports network ESPN, according to a report by Reuters. Third Point also wants
