Hedge funds pared back exposure to technology stocks in Japan and Hong Kong last week, positioning ahead of a subsequent sell-off in both markets, according to a report by Bloomberg citing a client note from the prime brokerage division at
Hedge funds including Balyasny, Jain Global, and Qube, are increasingly turning to physical commodities markets to diversify returns, deepening their exposure beyond traditional derivatives, according to a report by the Financial Times.
Dubai’s status as a global hedge fund hub continues to strengthen, with the number of hedge funds operating in the Dubai International Financial Centre (DIFC) exceeding 100 for the first time, according to a report by Bloomberg.
A growing number of hedge funds – including Elliott Investment Management, Man Group and an AQR Capital Management affiliate – are returning to appraisal arbitrage, a strategy that challenges M&A deal prices in Delaware’s Chancery Court in pursuit of higher
Blockstream Capital Partners is expanding its institutional investment platform with the acquisition of Corbiere Capital Management, a Jersey-based equities and event-driven hedge fund firm founded by former BlueCrest CIO Rodrigo Rodriguez.
Hedge fund investors holding Brightline’s $1.1bn corporate debt are preparing a restructuring plan that could give them priority over other creditors while providing new financing to the struggling high-speed rail project, according to a report by Bloomberg.
Global short sellers continued to focus on consumer and Software & Services sectors in November, according to Hazeltree’s latest Shortside Crowdedness Report, which tracks anonymised data from over 600 asset managers globally.
Warner Bros shares climbed sharply this week as event-driven hedge funds ramped up positions in anticipation of a bidding war between Paramount and Netflix, with merger arbitrage managers suggesting that at least one bidder is likely to raise its offer,
Geopolitics, policy uncertainty and diverging rate cycles are setting up a strong environment for macro and volatility-oriented hedge funds next year, according to a Bloomberg report citing senior leaders from Man Group, Brevan Howard and the Abu Dhabi Investment Council.
Activist hedge fund Starboard Value has acquired a nearly 5% stake in Clearwater Analytics (CWAN.N), pressuring the investment accounting software provider to unlock shareholder value, according to a report by Reuters.
