Managers
US hedge fund Elliott Investment Management believes market participants are too pessimistic about the size of Thames Water’s debt pile and has built a position in the troubled utility company’s bonds, according to a report by the Financial Times.
- 24/04/2024
Appaloosa Management, the distressed debt-focused hedge fund firm founded by David Tepper and Jack Walton, has become the latest company to file a lawsuit over the wipeout of $17bn of high-risk bonds in UBS Group’s deal last year to save Credit Suisse from total collapse.
- 24/04/2024
- 24/04/2024
Leda Braga, the founder of Systematica Investments, discussed the vital importance of technology and gave her views on AI and markets in a wide-ranging discussion with Bill Stone (pictured with Braga) at the SS&C Deliver Europe summit.
- 24/04/2024
JANA Partners, the activist hedge fund firm founded by Barry Rosenstein, has written a letter to Wolfspeed, the world’s largest manufacturer of silicon carbide, to consider all options for improving shareholder value including a sale of the company, according to a report by Reuters.
- 24/04/2024
Aspect Capital, a London-based quant hedge fund with $7.5bn in AUM, has racked up a 21% return so far in 2024 in its flagship fund on the back of winning bets on currency markets and commodities, according to a report by Bloomberg.
- 23/04/2024
- 23/04/2024
High Ground Investment Management, a London-based hedge fund run by Edgar Allen, has appointed former Adelphi Capital Partner Henry Guest to run its second hedge fund, which is due to launch in Q4 2024, according to a report by Bloomberg.
- 23/04/2024
Mountaineer Partners Management, an opportunistic hedge fund focused on value and event-driven investments, has written an open letter to Vishay Intertechnology’s board of directors, urging the implementation of a $600m share buy-back programme.
- 23/04/2024
The first sharp dip in US and European stocks this year prompted global hedge funds to up their borrowing to the highest level seen in five years in the week ending 19 April, according to a report by Reuters.
- 23/04/2024
Alberto Gallo, CIO of $200m hedge fund Andromeda Capital Management, is betting that the ECB will cut interest rates just once or twice this year by selling European government bonds, according to a report by Bloomberg.
- 23/04/2024
Hedge funds and other asset managers have upped their short wagers on the yen to record levels, with bets on the currency reaching 173,000 contracts as of 16 April, the highest level seen since 2006, according to a report by Bloomberg.
- 22/04/2024
- 22/04/2024
