Carmignac Gestion is backing an activist campaign led by UK-based Palliser Capital aimed at improving governance and unlocking shareholder value at LG Chem, the first time it has public-backed an activist investor’s proposals, according to a report by Bloomberg.
OneMove Capital is seeking to overhaul the board of Canadian software provider Sylogist Ltd, arguing the company has mishandled its shift to a cloud-based business model and overseen years of underperformance, according to a report by Bloomberg.
Goldman Sachs is pitching hedge fund clients a derivative strategy that would allow them to take bullish or bearish positions on corporate loan markets, according to a report by the Financial Times citing an unnamed source familiar with the discussions.
Global markets staged a sharp turnaround on Monday as hopes grew that the conflict between the US and Iran may soon de-escalate, triggering a rebound in equities and bonds after days of heavy volatility that has challenged hedge fund
Momentum strategies, long favoured by hedge funds chasing winners and selling laggards, saw one of the steepest reversals in years last week as markets reacted to the US-Iran conflict, disappointing February jobs data, and AI-driven tech disruption, according to a
A US federal judge has approved a $29m payment to Pfizer as part of a long-running dispute tied to the insider trading case involving SAC Capital Management, the former hedge fund run by billionaire investor Steven A Cohen, according to
Hedge fund manager and Odey Asset Management founder Crispin Odey is set to contest a ban from the financial services industry and a £1.8m fine imposed by the UK regulator, with a tribunal hearing scheduled to begin this week in
Hedge funds increased bearish positions on US equities last week as escalating geopolitical tensions and market volatility weighed on investor sentiment, according to a report by Bloomberg citing data from Goldman Sachs.
Situational Awareness, the hedge fund founded by ex-OpenAI researcher Leopold Aschenbrenner, is betting on electricity generators and crypto-miners as part of a broader strategy to profit from the race toward artificial general intelligence (AGI), according to a report by Fortune.
Escalating geopolitical tensions in the Middle East are rattling one of the hedge fund industry’s most widely used options strategies, raising concerns that a sudden spike in volatility could trigger broader market disruption, according to a report by Bloomberg.
