Managers
Palliser Capital, a London-based multi-strategy hedge fund firm, has called on miner Rio Tinto to let its Australian shareholders vote on a proposed independent review of the company’s dual-listed structure, according to a report by Reuters.
Hedge funds ramped up bets on Asian stocks last week at their highest level on record since 2016, with China and Hong Kong accounting for nearly half of the regional inflows, according to a report by Reuters citing a note from the prime brokerage desk at Goldman Sachs.
Arrowpoint Investment Partners, a new multi-strategy hedge fund investment firm based in Singapore, has chosen SS&C GlobeOp to administer its flagship $1bn multi-strategy fund, which employs equities, fixed income and commodities strategies.
Hedge funds have been rapidly pulling out of US tech and media stocks, exiting at their fastest rate in six months in the two weeks leading up to 21 February, according to a report by Reuters citing a report from the prime brokerage unit at Goldman Sachs.
Tabula Capital, a London-based quantitative macro credit manager specialising in active strategies using liquid credit index products, has rebranded as TabCap Investment Management following the sale of its Tabula ETF business to Janus Henderson last year.
Saba Capital, a US-based activist hedge fund, has taken short positions against a range of notable UK companies, including Bloomsbury Publishing, the publisher of the Harry Potter series, despite previously portraying itself as a champion for the UK market, according to a repot by City AM.
Hedge funds are scaling back their bullish wagers on crude oil, signalling a more cautious stance, with net-long positions in West Texas Intermediate having now fallen for four consecutive weeks, reaching their lowest levels since October, according to a report by Bloomberg.
Paloma Partners, a longstanding multi-strategy hedge fund, is working to repay $1.2bn in investor redemption requests, but is taking a cautious approach, including pulling capital from some of its external hedge fund investments to do so, according to a report by Business Insider.
Point72 founder Steve Cohen is making another major play in the artificial intelligence space, this time targeting the legal sector with his investment firm, Point72 Private Investments, leading a $75m funding round for Luminance, according to a report by Observer.
Activist hedge fund firm ValueAct Holdings has taken a significant stake in Amazon.com Inc, acquiring 536,900 shares valued at approximately $119m during the fourth quarter of 2024, according to a report by Benzinga citing a recent 13F filing with the Securities and Exchange Commission (SEC).
