Managers
Carry trades are roaring back into favour, with hedge funds and asset managers ramping up allocations to high-yielding emerging market currencies amid a sharp drop in FX volatility and fading fears over aggressive US trade policy, according to a report by Bloomberg.
Hedge funds sharply reduced their bullish exposure to the Japanese yen last week, even as long-term asset managers modestly raised their positions – highlighting divergent views on the currency’s direction amid rising market uncertainty, according to a report by Bloomberg.
Major hedge funds presented a globally diversified slate of investment ideas at this year’s Sohn Hong Kong Investment Conference, with picks ranging from China’s autonomous driving sector and India’s healthcare market to South Korea’s nuclear infrastructure buildout, according to a report by Reuters.
Hedge funds have significantly increased bearish bets on crude oil, positioning for a potential downside as OPEC+ mulls a fresh wave of supply increases and geopolitical developments weigh on sentiment, according to a report by Bloomberg citing data from ICE Futures Europe.
Palliser Capital, the UK-based activist fund led by former Elliott Management execs, has quietly amassed a ~3% stake in Japanese tyre manufacturer Toyo Tire, increasing pressure on the company to unlock value through capital returns and a possible sale, according to a report by the Financial Times.
Activist hedge fund Impactive Capital is preparing to escalate its campaign at fintech firm WEX Inc, signalling plans to nominate at least four directors to the company’s board at the 2026 annual meeting, according to a statement released by the firm.
Honeywell International has appointed Marc Steinberg, a partner at Elliott Investment Management, to its board of directors, marking a significant milestone in one of the hedge fund’s largest-ever activist investments, according to a report by the Wall Street Journal.
David Einhorn, founder of Greenlight Capital, has shifted his portfolio strategy to favour European equities, citing macro tailwinds and geopolitical catalysts that he believes are poised to unlock value – particularly in cyclical industrial names, according to a report by Bloomberg.
Dalton Investments has escalated its campaign against Fuji Media Holdings, joining forces with activist shareholder Aya Nomura, daughter of Japan’s famed corporate agitator Yoshiaki Murakami, to press for a strategic overhaul, according to a report by Bloomberg.
Hedge funds and institutional investors are ramping up bearish positioning across the US Treasury curve, as long-dated bonds continue to face relentless selling pressure amid mounting concerns over fiscal imbalances and global supply dynamics, according to a report by Bloomberg.
