Pfizer has agreed to accept $29m to resolve a long-running dispute linked to the US Securities and Exchange Commission’s 2013 insider trading settlement with SAC Capital Management, the former hedge fund of Steven A Cohen, according to a report by
Bill Ackman’s hedge fund Pershing Square Capital Management has built a substantial position in Meta Platforms, committing around $2bn to the social media and technology group as it sharpens its focus on artificial intelligence-driven growth, according to a report by
Shares in London Stock Exchange Group rose sharply after it emerged that activist hedge fund Elliott Investment Management has taken a stake in the FTSE 100-listed market infrastructure and data provider, according to a report by Bloomberg.
Hedge funds are ramping up option strategies that profit from divergence between individual stocks and broader equity indexes, as pockets of extreme volatility in US and European markets create fresh trading opportunities, according to a report by Bloomberg.
Activist hedge fund HoldCo Asset Management has stepped back from planned proxy contests at KeyCorp and Eastern Bancshares after both regional lenders agreed to a series of governance and capital allocation changes sought by the investor, according to a report
Activist Saba Capital Management has mounted a third attempt to overhaul the board at Edinburgh Worldwide Investment Trust, calling for the election of three new independent directors and urging shareholders to vote against the re-election of the incumbent board.
Hedge funds sharply reduced bullish bets on gold, cutting positioning to the lowest level in nearly four months after the metal suffered its steepest weekly decline in more than a decade, according to a report by Bloomberg.
Hedge funds have stepped up bearish positioning on sterling as political uncertainty in the UK escalates and expectations for monetary easing build, according to a report by Bloomberg citing market data and dealer commentary.
Hedge funds and large speculators have boosted their bullish positions on the Australian dollar to the highest level in over eight years, reflecting confidence that rising bond yields and a prolonged Reserve Bank of Australia (RBA) tightening cycle will support
Dubai’s International Financial Centre (DIFC) recorded a sharp increase in new company registrations in 2025, driven by a surge in hedge funds and wealth managers establishing operations in the emirate, as the city accelerates plans to significantly expand the district’s
