The US Securities and Exchange Commission is reconsidering its implementation of the sweeping central-clearing rule for US Treasuries, according to a report by Bloomberg. Agency staff are evaluating possible broadening of the inter-affiliate exemption, which could extend relief to cash
Starboard Value has fully exited its position in Pfizer, winding down the activist campaign it began last year to push for governance and performance improvements at the US drugmaker, according to a report by Reuters.
Man Group Plc, the UK-based hedge fund giant, is capitalising on rising client interest in sustainable investing after securing a $13.2bn mandate from Dutch pension fund PFZW in September, according to a report by Bloomberg citing unnamed sources.
Cliff Asness, co-founder of AQR Capital Management, says US equities look historically expensive but not dangerously overvalued, arguing that while prices are high, they fall short of the excesses seen during past bubbles, according to a report by Bloomberg.
Hedge funds sharply reduced their exposure to consumer discretionary stocks last week, cutting positions in hotels, restaurants, and leisure groups to levels not seen since the 2020 pandemic, according to a report by Reuters citing a note from Goldman Sachs.
Hedge fund trading is contributing to upward pressure on UK gilt repo rates, according to a report by Bloomberg citing comments made by Victoria Saporta, the Bank of England’s Executive Director for Markets, at the ECB Money Market Conference in
Activist investor Elliott Investment Management has quietly built a significant stake of almost 5% in Toyota Industries Corp, joining a growing chorus of shareholders opposing the proposed JPY16,300-per-share ($30.5bn) buyout offer led by Akio Toyoda as too low, according to
Hedge funds are increasingly taking short positions in Xiaomi Corp, according to Goldman Sachs, as investors grow cautious ahead of the Chinese tech and EV company’s third-quarter earnings, according to a report by Bloomberg citing data from Goldman Sachs.
A growing share of global hedge funds are gaining exposure to digital assets, with 55% of funds now invested in crypto, up from 47% last year, according to a new report by the Alternative Investment Management Association (AIMA) and PwC.
A growing number of hedge fund startups are choosing to launch with just one investor, typically through separately managed accounts (SMAs), as access to diversified capital becomes increasingly difficult in an industry dominated by multi-strategy giants, according to a report
