Managers
A former senior executive east Davidson Kempner Capital Management has alleged that HM Revenue & Customs challenged arrangements used by the hedge fund to reduce partners’ tax liabilities, according to a report by Bloomberg.
CME Group is bringing back single-stock futures in the US, giving investors a new way to take leveraged long or short positions in major companies without directly trading their shares, according to a report by Bloomberg.
Hedge funds have amassed their most negative positioning on the Canadian dollar in nearly two years as renewed US tariff threats add to pressure on the loonie, according to a report by Bloomberg citing the latest data from the Commodity Futures Trading Commission (CFTC).
Hedge funds and other institutional investors are reassessing the sustainability of the artificial intelligence investment boom after a sharp selloff in the technology sector wiped nearly $800bn from the combined market value of the so-called Magnificent Seven, according top a report by Bloomberg.
The growth of one of hedge funds’ biggest trades in the US Treasury market is showing signs of slowing as narrowing price gaps and changing market dynamics reduce the appeal of the strategy, according to a report by Bloomberg.
New SEC guidance requiring certain investors filing Schedule 13D disclosures to identify the parties backing their campaigns is prompting concern among activist hedge funds and their advisers, according to a report by Bloomberg.
The US Treasury has warned hedge funds and other investment managers that it will scrutinise increasingly popular strategies designed to generate tax benefits for wealthy investors, saying it will not ignore aggressive tax planning, according to a report by the Financial Times.
Hong Kong is expected to move quickly to approve new tax incentives for alternative investment managers with the proposed legislation expected to pass through the Legislative Council ‘soon’, according to a report by the South China Morning Posts citing comment from Sandy Fung, KPMG China’s partner for tax and alternative investments.
Cinctive Capital Management is expanding its multi-manager hedge fund platform with a new office in West Palm Beach and the appointment of two veteran portfolio managers who will focus on investments in the healthcare and technology sectors.
Currency carry trades are enjoying their strongest run in decades as subdued volatility and resilient global growth encourage investors to borrow in low-yielding currencies and seek higher returns in emerging markets, according to a report by Bloomberg.
