When Donald Trump recently called for US companies to abandon quarterly reporting in favour of semi-annual disclosures, he inadvertently reignited one of finance’s most persistent debates. “China has a 50-to-100-year view on management of a company, whereas we run our
Hedge funds have significantly increased positions in banks, insurance, and consumer finance companies, marking the fastest pace of buying in three months, according to a report by Bloomberg citing a research note from Goldman Sachs.
One of Wall Street’s hottest hedge fund strategies – the dispersion trade which profits when index volatility remains subdued while single-stock volatility rises – is showing signs of crowding, prompting some managers to take the other side, according to a
Australian hedge fund manager Sage Capital saw both of its flagship strategies lag benchmarks in August, as high-conviction positions in Telix Pharmaceuticals and WiseTech Global dragged on performance during what it called one of the most volatile earnings seasons on
Hedge funds and asset managers are taking sharply opposing positions on the Japanese yen, with leveraged funds ramping up bearish bets while traditional managers maintain bullish exposure, according to a report by Bloomberg, citing data from the Commodity Futures Trading
Hedge funds have begun reducing bearish positions on French luxury group Kering after the appointment of a new CEO signalled a potential strategic shift at the company, according to a report by CNBC citing unnamed sources familiar with the matter.
Hedge funds have ramped up bullish bets on crude at the fastest pace in three months, with escalating geopolitical tensions in the Middle East and Eastern Europe driving a renewed risk premium into oil markets, according to a report by
Boothbay Fund Management has appointed SS&C GlobeOp as fund administrator for its $2.5bn multi-manager platform, which oversees more than 140 separately managed accounts, according to a report by Alternatives Watch.
A US court has given a boost to activist investor Elliott Investment Management’s bid for Citgo Petroleum’s parent company, PDV Holding, through an ongoing court-ordered auction of shares, according to a report by Reuters.
Credit-focused hedge fund firm Daimeter Capital Partners and private investment firm Apollo Global Management haver closed short positions against the debt of First Brands Group, the heavily leveraged US auto-parts maker, according to a report by Bloomberg.
