Managers
Japan’s fragmented car manufacturing sector is likely headed for a wave of mergers and acquisitions, as rising geopolitical and competitive pressures force automakers to seek scale and efficiency, according to a report by Bloomberg citing a Man Group executive.
Activist hedge fund Irenic Capital Management has quietly built a stake in Couchbase Inc, a US-listed enterprise software firm specialising in database technology, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Match Group has headed off a potential proxy battle after activist investor Anson Funds Management LP agreed to withdraw its director nominations, following recent changes to the dating app company’s board composition, according to a report by Bloomberg.
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.
