Ben Cohen has renewed his criticism of hedge fund influence over the ice-cream business following the appointment of a partner from activist Trian Fund Management to the board of Magnum Ice Cream Company, according to a report by The Times.
The Iran conflict has sent crude prices surging, split hedge fund performance and reignited the debate over commodities as a strategic allocation. Hedgeweek examines what the disruption means for the sector.
Sydney-based asset manager Regal Partners Ltd suffered a setback on Friday after shares in one of its portfolio companies, Immutep Ltd, collapsed following the discontinuation of a clinical trial for a lung cancer treatment, according to a report by Bloomberg.
Hedge funds are increasing bullish wagers on the Australian dollar as markets position ahead of the Reserve Bank of Australia’s (RBA) policy decision next week, according to a report by Bloomberg citing the latest CME data.
Hedge funds are experiencing their steepest drawdown since April’s so-called ‘Liberation Day’ as volatile markets trigger the unwinding of crowded trades, according to a report by Bloomberg citing strategists at JPMorgan Chase.
Hedge funds globally have been increasing short positions amid heightened geopolitical tensions and ongoing concerns about the stability of the private credit market, according to new research from treasury and liquidity management solutions specialist Hazeltree.
Activist hedge fund Starboard Value has built a significant position in CarMax and nominated two directors to the company’s board as it pushes for operational and strategic changes, according to a report by Reuters.
Bill Ackman has filed for two US IPOs covering both his hedge fund Pershing Square Capital Management and a newly created investment vehicle, in a move that would place the firm among a small group of publicly listed alternative asset
Activist Starboard Value LP is pressing Lamb Weston Holdings to accelerate cost reductions and review its Asian operations amid stagnant growth, recommending that the company increase its cost-saving target to $500m from the $250m planned by fiscal 2028, according to
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.
