Managers
Asia-focused hedge funds have cautiously re-entered markets following a sharp retreat sparked by the Trump administration’s imposition of sweeping tariffs earlier this month, according to a report by Reuters citing a client note from Morgan Stanley’s prime brokerage unit.
Hedge funds made a decisive return to financial stocks last week, snapping an eight-week selling streak to become net buyers of bank shares, according to a report by Reuters citing a recent research note from Goldman Sachs.
Activist hedge fund H Partners Management has escalated its campaign against Harley-Davidson, filing a definitive proxy statement and urging shareholders to vote “withhold” on three long-serving board members at the company’s upcoming annual meeting on 14 May.
Activist hedge fund HG Vora is pressing ahead with its proxy fight against US casino operator Penn Entertainment, aiming to secure shareholder support to elect all three of its proposed board nominees despite Penn’s move to seat only two.
Casino operator Penn Entertainment has agreed to nominate two board candidates backed by activist hedge fund HG Vora, moving to stave off a potentially costly proxy battle, according to a report by Casino.org.
Daniel Loeb’s hedge fund, Third Point, is building a position in consumer healthcare company Kenvue, according to a report by the Financial Times citing sources familiar with the matter, adding fresh momentum to investor calls for strategic changes at the $44bn firm.
Bill Ackman the founder and Chef Executive Officer of hedge fund Pershing Square, believes China cannot afford a drawn-out tariff war with the US and is facing mounting pressure to strike a deal, according to a report by Bloomberg.
As high volatility plagues global stock markets and currency markets face heightened volatility amid shifting US trade policies and global economic realignments, fund managers and institutional investors are reconsidering their approach to FX hedging infrastructure. This evolution in market dynamics is forcing a rapid rethink of traditional approaches, driving demand for more comprehensive and technologically flexible solutions, according to Hans Jacob Feder (pictured), Global Head of FX Services at MUFG Investor Services.
Autodesk has reached a settlement with activist hedge fund Starboard Value, bringing an end to one of 2024’s most high-profile proxy contests by agreeing to appoint two new independent directors to its board, according to a report by Reuters.
Robert Gibbins, founder of Autonomy Capital Research, is preparing to reopen his hedge fund to external investors after a sharp turnaround in performance driven by what he calls a “modern macro” strategy focused on technological disruption as a macroeconomic force, according to a report by Bloomberg.
