Hedge funds are stepping up wagers that the Japanese yen is poised to break higher against the US dollar, after weeks of trading in a tight range around 147/USD, according to a report by Bloomberg citing recent data from derivatives
Activist investor Plantro Ltd has called on Canadian tech and services group Calian to consider a sale of all or part of its business, arguing that the company’s undervalued shares could benefit from a strategic reset, according to a report
Gold Reserve has filed a motion to disqualify a rival offer from Elliott Investment Management affiliate Amber Energy in the high-profile court-led auction of PDV Holding, parent company of Venezuela’s US refining arm Citgo Petroleum, according to a report by
TOP STORY: New York-based hedge fund ValueWorks has significantly increased its stake in Danish offshore wind developer Orsted A/S, seizing on this week’s record share price slump as a buying opportunity, according to a report by Bloomberg.
Global hedge funds are increasing exposure to Chinese equities, with August set to record the strongest monthly inflows since February, according to a report by Reuters citing a recent note from Morgan Stanley’s prime brokerage desk.
Hedge funds are betting heavily that calm will persist in US equities, with short positions in Cboe Volatility Index (VIX) futures climbing to levels not seen in nearly three years, according to a report by Bloomberg.
A hot arbitrage trade has propelled Chow Tai Fook Jewellery Group Ltd into the ranks of Hong Kong’s most heavily shorted stocks, with hedge funds piling in after the jeweller’s first major fundraising since its 2011 IPO, according to a
Numerai, the San Francisco-based quantitative hedge fund backed by Paul Tudor Jones, has secured up to $500m from JPMorgan Asset Management – a commitment that will more than double the firm’s assets under management to nearly $1bn over the next
Fivespan Partners, the activist investment firm launched last year by Dylan Haggart and Sarah Coyne, has disclosed a new stake in The New York Times Company and is urging the publisher to embrace artificial intelligence as a catalyst for growth,
Brevan Howard Asset Management has agreed to sell a minority stake to Abu Dhabi-based Lunate, alongside a $2bn capital commitment to a new investment platform in the emirate’s ADGM free-zone, according to a report by Bloomberg.
