Managers
BlueCrest Capital Management co-founder Michael Platt has made the top 10 of the Sunday Times’ latest ranking of the UK’s 350 richest people, making him the country’s wealthiest hedge fund manager, according to a report by The Financial News.
TMR Capital has become the latest activist hedge fund to take a stake in Wagamama owner The Restaurant Group (TRG) as pressure builds on the company to break itself up, according to report by The Sunday Telegraph.
A Tokyo Stock Exchange campaign to boost valuations after the Japanese market recently hit a thirty-year high, is set to embolden activist hedge fund investors, with a record level of shareholder proposals expected this year, according to a report by Bloomberg.
The report cites data from consultancy IR Japan Holdings Ltd as revealing that the number of proposals submitted for this year’s shareholder meetings is up about 60% from the same time last year and already stands at 75% of last-year’s record high of 58 proposals.
And according to several activists including Aya Murakami, the daughter of famous local shareholder
Hedge funds increased their bets against Greece’s government debt last week ahead of the country’s national elections, on the back of concerns over the possibility of post-election political paralysis, according to a report by The Financial Times.
The repot cites data from S&P Global Market Intelligence as revealing that last week, the total value of Greece’s bonds borrowed by investors to wager on a fall in prices, hit its highest level since 2014 at over $500 million – up from around $65 million at the start of the year.
Greek debt has outperformed other European countries so far this year,
UK asset manager Ruffer is opening its first office in the US in New York as part of a strategy to at least quadruple the money it manages on behalf of North American clients over the next few years, according to a report by The Financial Times.
The firm, which has more than $10 billion in assets under management and traditionally caters for UK-based private clients, charities, family offices and institutions, has so far attracted almost $1 billion in assets from US pension, foundations, and endowments. According to the report, Ruffer has been holding meetings with US institutions laying out
Oasis Management Company, the activist hedge fund firm leading an investor revolt at Wagamama owner The Restaurant Group, has opened a new front in its battle with the company’s senior management, claiming TRG has excluded “certain” shareholders from key information ahead of next week’s annual meeting.
The Bank of Japan’s decision to maintain negative interest rates has prompted US hedge fund firm Capstone Investment Advisors to increase its allocation of risk capital to the country to record levels in the hope that the central bank is creating uncertainties that may benefit its volatility trading strategy.
AltTab Capital, a cryptocurrency and digital assets hedge fund company, has expanded its global footprint with the opening of a new office in London, which will allow it to expand its network of international professional investors and other partners.
AltTab Capital was founded in North America in 2021 and currently has an AUM of $19 million, including its principal Forerunner Fund and a number of Special Purpose Vehicles.
The Forerunner Fund, is an open-ended crypto hedge fund which offers four sources of return: dynamic holding, yield farming, active trading and cash equivalent reserves. AltTab says the fund takes a
Point72 Asset Management founder Steve Cohen believes investors are too worried about a market decline and has said he is “actually pretty bullish” about the current economic outlook, according to a report by Bloomberg.
A new report from Seward & Kissel has highlighted a shift in hedge fund portfolio dynamics, amidst ongoing economic uncertainty, towards longer-held positions, with new managers tightening liquidity rules into 2022 as a result.
