Managers
Activist hedge fund Ancora Holdings is calling for a boardroom shakeup at logistics firm Forward Air, targeting three directors for removal amid ongoing frustration over strategic missteps and a collapsing share price, according to a report by Reuters.
Eisler Capital has laid off roughly 15% of its staff as part of a broader cost-cutting initiative aimed at streamlining operations and stabilising performance, according to a report by Bloomberg citing an unnamed person familiar with the matter.
Millennium Management, one of the world’s largest multi-strategy hedge funds, is exploring a potential minority stake sale in its management company and is in discussions with Goldman Sachs’ Petershill Partners to assist in the process, according to a Financial Times report.
GAM Investments has ceded full control of its jointly managed catastrophe bond hedge fund to Fermat Capital Management, resolving a months-long dispute that had unsettled investors and significantly reduced the fund’s assets, according to a report by CityWire.
The proxy fight between Harley-Davidson and activist hedge fund H Partners has intensified ahead of the company’s 14 May annual meeting, with major proxy advisory firms split over the future of the motorcycle maker’s board.
Activist hedge fund Glenview Capital has reduced its stake in CVS Health after the insurer reported robust first-quarter results and a raised 2025 earnings outlook, the firm disclosed on Tuesday, according to a report by Reuters.
Phil King, Co-Founder and CIO of Regal Partners, has acknowledged the misjudgment behind the firm’s high-profile investment in Opthea Ltd, which has been written down to zero, but says the biotech blowup has not triggered any investor redemptions, according to a report by Bloomberg.
Paul Tudor Jones, founder of macro-focused hedge fund firm Tudor Investment Corporation, expects US President Donald Trump to reduce tariffs on Chinese goods by 50%, but says such a move may not be enough to prevent equity markets from retesting recent lows, according top a report by Bloomberg.
Activist hedge fund Farallon Capital Management has deepened its involvement with Japanese pharmaceutical giant Astellas Pharma, prompting the company’s leadership to publicly acknowledge ongoing engagement efforts, according to a report by Bloomberg.
Systematic hedge funds, including commodity trading advisers (CTAs) and volatility control strategies, are poised to ramp up equity exposure in the coming weeks, regardless of short-term market moves, according to a report by Bloomberg citing new analysis from Goldman Sachs.
