Managers
Australia’s top-performing hedge fund firm, Regal Partners, led by Co-Founder and Chief Investment Officer Phil King, is looking to capitalise on its impressive returns to expand into a broader investment powerhouse, modelled on PE giants Blackstone and Apollo, according to a report by Bloomberg.
Hedge fund firm Altana Wealth has been accused of misusing trade secrets to establish a profitable fund by London-based investment IlliquidX, according to a report by Bloomberg citing claims made during an ongoing UK trial.
Izzy Englander’s Millennium Management has decided to stick to its original $10bn fundraising goal for new hedge fund capital, despite attracting twice that level of investor interest, according to a report by Bloomberg.
Volatility hedge fund QVR Advisors, led by 20-year options veteran Scott Maidel, is taking aim at Wall Street’s booming options-selling strategies, which have grown so popular that they may now be undermining their own profitability, according to a report by Bloomberg.
Activist hedge fund firm Starboard Value has acquired a stake in Kenvue, the consumer products company known for a range of brands including Band-Aid, Listerine, and Tylenol, according to a report by the Wall Street Journal.
Global multi-stratgey hedge fund firm Brevan Howard is carrying out a substantial portion of its cryptocurrency trading from the United Arab Emirates (UAE) thanks to the country’s balanced regulatory framework, according to a report by Reuters.
Global hedge funds are showing a notable preference for stocks likely to benefit from a potential win by Republican US presidential candidate Donald Trump, according to a report by Reuters citing recent analysis by JPMorgan.
Hedge funds are taking significant short positions against clean energy and green technology, a trend that could be more detrimental to the green transition than political opposition to “woke” capitalism, according to a report by Bloomberg.
Global hedge funds snapped up US technology stocks, including semiconductors and hardware, at their fastest rate in five months last week, as the third-quarter earnings season kicks off, according to a report by Goldman Sachs.
Activist investment firm Elliott Investment Management has entered into discussions with Southwest Airlines aimed at reaching a settlement that would prevent a proxy fight over control of the airline’s board, according to a report by Bloomberg News.
