Managers
Appaloosa Management, the hedge fund firm founded by David Tepper, significantly increased its stakes in China-related stocks and exchange-traded funds last quarter, ahead of the recent AI-fuelled rally in the country’s equity markets, according to a report by Bloomberg.
US activist hedge fund Whitebox Advisors has intensified its opposition to the debt restructuring plan proposed by Austrian motorcycle maker KTM AG, accusing the company of employing “delaying tactics” to sideline its alternative proposal, according to a report by Bloomberg.
Global hedge funds are increasingly buying Chinese stocks, with the pace accelerating significantly in early February, fuelled by the emergence of DeepSeek, a homegrown Chinese artificial intelligence startup, according to a report by Reuters.
Proxy advisory firm Glass Lewis has thrown its support behind all three director nominees proposed by activist hedge fund Barington Capital in its campaign to shake up the board at Matthews International, according to a report by Reuters.
Activist hedge fund Saba Capital Management, led by Boaz Weinstein, has escalated its campaign targeting underperforming UK investment trusts, signalling a broader push to reform the sector, according to a report by Reuters.
The foreign exchange (FX) market, long overshadowed by equities and bonds, is witnessing a resurgence in trading activity as heightened volatility stemming from a second Donald Trump presidency boosts potential profits, according to a report by Bloomberg.
Elliott Management, the activist hedge fund known for its aggressive investment strategies, has taken a stake in BP, signalling potential pressure on the UK oil giant to reevaluate its strategy amid ongoing financial performance struggles, according to a report by Bloomberg.
A high-profile campaign by US activist hedge fund Saba Capital to overhaul seven British investment trusts has been described as a “massive wake-up call” for the £266bn industry, which critics say has grown “complacent”, according to a report by the Financial Times.
Activist hedge fund firm Pershing Square has acquired a $2.3bn stake in Uber with founder Bill Ackman calling the ride-hailing firm “one of the best-managed and highest-quality businesses in the world,” according to a report by the Financial Times.
Legacy Capital and Vinland Capital were among the Brazilian hedge funds to capitalise on Mexico’s shifting monetary policy last month, profiting from bets that the country’s central bank, Banxico, would accelerate interest rate cuts, according to a report by Bloomberg.
