Altai Capital Management is preparing for a potential boardroom battle at OraSure Technologies after increasing its stake in the diagnostics company from 3% at the end of June to 5% in recent weeks, according to a report by Reuters.
Hedge funds are ramping up bullish wagers on the Japanese yen through options trades after Bank of Japan officials signalled they remain open to further rate hikes this year, despite political uncertainty in Tokyo, according to data from the CME
Hedge funds including Silver Point Capital, Redwood Capital Management, and Monarch Alternative Capital, are in line for potentially significant gains following EchoStar Corp’s $17bn sale of wireless spectrum to Elon Musk’s SpaceX, according to a report by Bloomberg.
Activist hedge fund Elliott Investment Management has acquired a 4-5% stake in Japanese regional utility Kansai Electric Power Co, and is now targeting the company’s non-core assets to unlock shareholder value, according to a report by Bloomberg.
Hamza Lemssouguer’s Arini Capital Management has quickly become a dominant force in Europe’s distressed and high-yield credit markets, deploying billions into refinancing deals for some of the region’s most debt-laden corporates, according to a report by Bloomberg.
Hedge funds have ramped up short bets against Kering to their highest levels in more than a decade, adding to the challenges facing incoming chief executive Luca de Meo as he looks to turn around the French luxury group, according
Citadel’s Head of Economic Research for Fixed Income and Macro, Angel Ubide, has described the US economy and labour market as being in a “fragile equilibrium,” with long-term Treasury yields serving as a key barometer for risk assets, according to
Citadel founder and CEO Ken Griffin has publicly criticised President Trump’s efforts to undermine the Federal Reserve, highlighting potential risks for investors and businesses in an opinion piece for the Wall Street Journal.
Tomohiro Yamaguchi, the former head of Point72’s Japan operations, is preparing to launch a new Hong Kong hedge fund firm – Invictus Investment Partners – to tap into growing investor demand for Japan-focused strategies, according to a report by Bloomberg.
Macro hedge funds are increasingly turning to so-called “light exotic” options to express relative value views, with demand for index-versus-index structures climbing as correlations shift across global markets, according to a report by Bloomberg.
