Asian bank stocks are enjoying one of their strongest runs in years as investors rotate away from the increasingly volatile artificial intelligence trade and towards companies offering dividends, resilient earnings and greater exposure to domestic economies, according to a report
Hedge funds significantly reduced their bearish exposure to the yen following coordinated efforts by US and Japanese officials to stabilise the currency, reversing a large build-up in short positions earlier this summer, according to a report by Bloomberg.
Bill Ackman’s Pershing Square has built a distinctive approach to employee retention around a simple principle: give staff a meaningful financial stake in the hedge fund manager’s success, according to a report by Forbes.
India’s revamped stock-market closing auction is facing an unexpected challenge: some of the high-frequency and proprietary trading firms that provide significant liquidity are largely opting not to participate, according to a report by Bloomberg.
Hedge fund Toms Capital Investment Management is escalating its activist campaign at Voya Financial, seeking to take its call for a strategic review directly to shareholders and pushing for the asset manager to consider a potential sale, according to a
Activist hedge fund Saba Capital, led by Boaz Weinstein (pictured), has disclosed a 5.1% economic interest in Unite Group, making it one of the largest shareholders in the UK student accommodation provider as the company accelerates property disposals and returns
Oil prices moved higher on Friday as uncertainty over plans to reopen the Strait of Hormuz continued to unsettle energy markets, with proposed restrictions on shipping through the strategic waterway raising doubts over how quickly normal crude flows can
Digital banking software provider Alkami Technology has begun a formal sale process after attracting interest from potential buyers, putting the company firmly in play as activist investor Jana Partners continues to push for a transaction, according to a report by
Chinese quantitative hedge fund managers are increasing investments in their own products, with 25 private fund firms committing more than RMB1.4bn ($195m) since the beginning of July, as managers seek to demonstrate confidence in their strategies and reassure investors during
Albar Capital Partners is to return external cash to investors and continue running its London-based market-neutral equities strategy exclusively for founder Javier Velazquez’s former employer Millennium, according to a report buy Bloomberg.
