Ray Dalio’s Bridgewater Associates has seemingly had a change of heart regarding European stocks with the hedge fund cutting back most of its big bets against continental companies, according to a report by Reuters. The report cites data company Breakout
CVC Credit has priced Apidos XLI (41), a collateralised loan obligation (CLO) fund totalling c$500 million, arranged by Societe Generale. This is the fifth new issue CLO priced by CVC Credit’s transatlantic performing credit platform this year, which together have an
Steve Cohen, the billionaire behind hedge fund boss of Point72 Asset Management, is planning to set up a crypto-specific asset manager, according to a report by Blockworks. The report cites unnamed sources as revealing that planning for the new entity
Scion Asset Management’s the hedge fund run by Michael Burry of ‘The Big Short’ fame, liquidated almost all of its equity portfolio in Q2, according to a report by MarketWatch.
Hedge funds led a charge by professional investors to unwind bearish wagers and snap up stocks this week, as the S&P 500 saw a 2% gain on Wednesday, according to a report by Bloomberg.
IGas Energy has seen its share price jump by 5 per cent in the past week after hedge fund Odey Asset management revealed a 3.17% stake in the business, according to a report by CMC Markets. The jump takes the
Elliot Management, an activist hedge fund that pushed for change at Twitter two years ago, exited its holding completely during Q2 of this year, after Elon Musk agreed a $44 billion takeover deal for the social media giant in April,
Hedge fund short sellers have again been betting against fashion retailers Asos and Boohoo following an investigation into greenwashing at the two companies by the Competition and Markets Authority (CMA), according to a report by Charged.
The New York Times (NYT) is coming under pressure from ValueAct Capital, an activist hedge fund holding a 7 per cent stake in the business, to increase digital sales by steering subscribers towards premium packages of its products, according to
Voce Capital, an activist hedge fund run by J Daniel Plants, has been granted a seat on the board at Argo Group International Holdings, according to a report by Reuters. Voce Capital is the largest shareholder in Argo Group which
