Man Group’s asset under management (AUM) hit a record $151.4 billion in the first three months of 2022 on the back of strong net inflows of $3.1 billion for the period, according to the firm’s latest trading statement. The growth
Blockchain startup IO Investment Academy is launching the first DeFi NFT project based on fractional investment which will help small investors to gain access to a large blockchain-focused hedge fund that had a return rate of over 300% in 2021.
A new survey from prime broker IG Prime has revealed that UK hedge fund managers overwhelmingly prefer UK stocks to those from other jurisdictions, according to a report by Investment Week. In all, some 96% of managers surveyed made UK
Gabe Plotking, founder of struggling hedge fund Melvin Capital, has proposed returning capital to investors and granting the the right to reinvest in a new fund, according to a report by CNBC. If agreed, the plan would see the current
Pershing Square Holdings, the hedge fund headed up by Bill Ackman, has exited its Netflix investment racking up losses in excess of $400 million in the process, according to a report by Business Times. The streaming service’s share price plunged
German insurance giant Allianz SE has won the backing of proxy adviser Glass Lewis after the collapse of its Florida-based hedge fund business, according to a report by BloombergLaw. Glass Lewis is said to have recommended shareholders to sign off
Hedge fund manager Dave McCormick quit a job that earned him more than $22 million last year to run for the US Senate in Pennsylvania, according to a a report by Federal News Network. The report cites a public financial
Elliot Management, the hedge fund firm headed by Paul Singer is set to cash in on AC Milan after entering into talks for the sale of the Series A football club for €1 billion, according to a report by Nasdaq.com.
After profiting from a recent rally in the value of Brazil’s real, hedge fund Legacy Capital is now betting on an uplift in the Mexican peso, according to a report by Bloomberg. The report quotes a client note as revealing
A hedge fund manager who profited to the tune of $700 million by betting on GameStop is now backing oil and gas companies which he believes are on track for strong gains, according to a report by The Financial Times.
