Activist hedge fund Ananym Capital is pressuring auto parts supplier LKQ Corp to divest its European operations and refocus on its North American business, according to a report by Reuters citing unnamed sources familiar with the matter.
Brazilian hedge funds, including Verde Asset Management, are extending their winning streak, with managers doubling down on bullish trades across local assets as easing inflation and rate-cut expectations fuel optimism, according to a report by Bloomberg.
Macro hedge funds have been paring back risk exposure amid renewed market volatility, but remain net long equities, according to a report by Investing.com citing recent analysis by Barclays’ prime brokerage unit.
Hedge funds slashed equity exposure last week in their largest sell off in more than six months, exiting energy and financial stocks as volatility spiked across global markets, according to a report by Reuters citing prime brokerage data from Goldman
Global hedge funds, including Millennium, Qube Research & Technologies, and Oaktree, are returning to Hong Kong listings at the strongest pace since 2021, as investors seek exposure to Chinese equities following an extended slowdown, according to a report by the
TOP STORY: Shares in Man Group surged to a six-month high in trading in London on Friday after the world’s largest listed hedge fund manager reported a 22% rise in assets under management to a record $213.9bn, according to a
Hedge fund heavyweight Viking Global Investors has ramped up its use of artificial intelligence across its $53bn platform, with its in-house chatbot “VikingGPT 2.0” now fielding up to three trader and analyst queries per minute, according to a report by
Activist hedge fund Sachem Head Capital Management has secured a board seat at Six Flags Entertainment, intensifying investor influence over the struggling theme park operator following months of pressure to improve performance, according to a report by Reuters.
HoldCo Asset Management, the $2.6bn activist hedge fund specialising in financial institutions, has built a 3% stake in Eastern Bankshares and is pressing the 200-year-old Boston lender to pursue a sale rather than continue its acquisition spree, according to a
Activist hedge fund Elliott Investment Management is positioning itself for another major restructuring play, this time targeting Citgo Petroleum, as the long-running court-ordered auction of the Venezuela-owned refiner nears its conclusion, according to a report by Reuters.
