Managers
Hillhouse Investment Management and CPE, the Chinese firm formerly known as Citic Private Equity, have reportedly held early talks about setting up offices in Abu Dhabi, according to a report by Bloomberg citing sources familiar with the matter.
South Korean hedge fund Must Asset Management, which has delivered an impressive 50% return this year – far outpacing the nation’s sluggish stock market – is spotlighting governance issues at mining conglomerate Young Poong over its handling of shareholder returns, according to a Bloomberg report.
Silver Point Capital is preparing to challenge a lawsuit filed by the US Securities and Exchange Commission (SEC), which accuses the hedge fund of failing to implement proper policies to prevent a consultant from sharing confidential information about Puerto Rico bonds, according to a report by BNN Bloomberg.
US short seller Gotham City Research has requested a New York judge dismiss a lawsuit accusing it of conspiring to lower the stock price of Spanish multinational pharmaceutical and chemical manufacturer Grifols, according to a report by BNN Bloomberg.
With the political and economic shifts under US President-elect Donald Trump expected to dominate the global financial landscape in 2025 and beyond, macro hedge fund strategies have emerged as the preferred choice for many investors, according to a report by Reuters.
Hedge funds including Coatue Management and Lone Pine capital, known for their tech-centric investments, are turning their attention to utility and power companies because of their critical role in generative AI operations, according to a report by the Wall Street Journal.
Caxton Associates, one of the world’s leading macro hedge funds, has reported a sharp decline in profitability, with profits plunging nearly 80% over a volatile 15-month period ending 31 March, according to a report by Financial News.
JJJ Capital Management, a hedge fund founded by former traders from Moore Capital Management, is setting up operations in Dubai, becoming the latest firm to join the growing hedge fund migration to the United Arab Emirates.
Hedge fund manager Boaz Weinstein has called on shareholders of seven UK investment trusts to revamp their boards due to underperformance, proposing his firm, Saba Capital, as replacement manager, according to a report by the Financial Times.
As debates swirl around the fiscal implications of the Trump administration’s proposed tax cuts and their potential to exacerbate the US budget deficit, Bridgewater Associates, the world’s largest hedge fund, sees little cause for alarm, according to a report by MorningStar.
