Brazil’s upcoming presidential election is beginning to unsettle investors, with several asset managers reducing exposure to the Brazilian real and local bonds after a strong run for the country’s carry trade, according to a report by Bloomberg.
Hedge funds and other currency investors are increasing their use of options to navigate heightened uncertainty around the yen ahead of key US inflation data, with traders split over whether the dollar is poised for further gains against the Japanese
AI-focused hedge fund Situational Awareness has accumulated an 11.62% holding in Japanese electronics manufacturer Taiyo Yuden, sending the company’s shares higher as investors assess the fund’s latest position following a sharp selloff in technology stocks, according to a report by
Activist investor Flashlight Capital Partners has lost a closely watched legal challenge against former directors of South Korean tobacco giant KT&G, in a case that tested the extent of board accountability over treasury shares, according to a report by Bloomberg.
Activist investor Erez Asset Management is intensifying its campaign at manufactured-housing real estate investment trust UMH Properties, urging the company to undertake a strategic review that could result in a sale, according to a report by Bloomberg.
Trend-following hedge funds are carrying their largest-ever bearish exposure to global government bonds, increasing the potential for a sharp reversal if this week’s US inflation data weakens expectations for further Federal Reserve rate increases, according to a report by Bloomberg.
Hedge funds and other investors are pushing back against a US Securities and Exchange Commission proposal that would allow public companies to report financial results every six months rather than every quarter, according to a report by Bloomberg.
US natural gas prices jumped on Monday as changing weather forecasts prompted hedge funds to unwind bearish positions, with money managers having built their largest net-short exposure to the commodity in years, according to a report by Bloomberg.
Hong Kong is considering extending proposed tax incentives to proprietary trading firms as it seeks to strengthen its position as a global financial centre and compete with Singapore, New York and Miami for high-value investment talent, according to a report
Hedge funds are rebuilding equity exposure after sharply reducing risk in late July, with investors once again adding to long positions as the latest market rally gains momentum, according to a report by the Wall Street Journal citing a
