A surge in retail trading through exchange-traded and structured products is reshaping the options market — creating both liquidity and opportunities for professional traders, according to a report by Bloomberg citing speakers at the Bloomberg Intelligence Volatility Forum in New
Hedge funds are ramping up bearish bets on the Japanese yen, with several large macro managers positioning for the currency to fall as low as JPY160 to the dollar before year-end, according to a report by Bloomberg citing data from
Ananym Capital has intensified its campaign urging LKQ Corporation to sell its European business, arguing that a divestiture would unlock shareholder value and fund substantial share buybacks, according to a report by Reuters.
UK-based quantitative investment firm Winton has entered the US mutual fund market for the first time after assuming the role of investment adviser to the Altegris Futures Evolution Strategy Fund, replacing Altegris Advisors LLC.
Bain Capital has agreed to acquire a minority stake in Innocap Investment Management, the Montreal-based managed account platform provider, amid growing institutional demand for separately managed accounts (SMAs) in hedge fund investing, according to a report by Bloomberg.
UBS is moving forward with the previously announced sale of its hedge fund unit, O’Connor, to US brokerage firm Cantor Fitzgerald, the bank’s CFO Todd Tuckner confirmed on Wednesday, according to a report by Reuters.
Hedge fund Carronade Capital Management has launched a proxy fight against billionaire investor Bill Foley, accusing him of “egregious corporate governance” at his listed holding company, Cannae Holdings, according to a report by the Financial Times.
Hedge funds, including CQS, have opened a new legal front in the ongoing battles over distressed credit restructurings, invoking US antitrust statutes to challenge what they call collusive tactics among rival creditors, according to a report by the Financial Times.
Fort Lauderdale-based hedge fund HoldCo Asset Management is threatening a proxy battle at Columbia Bank unless management agrees to shareholder-friendly actions, marking the latest escalation in the fund’s campaign against underperforming US regional banks.
Hedge funds are fuelling a booming market in Europe for trading debt that has yet to be issued, as distressed restructurings create new speculative opportunities in private credit, according to a report by the Financial Times.
