Managers
Sona Asset Management has made two senior appointments to bolster its engagement with Japanese investors as part of the firm’s ongoing expansion in Asia, which includes an expected new office in Tokyo later this year.
Hedge funds are increasingly positioning for a potential rebound in the Japanese yen, as renewed intervention signals from policymakers drive activity in currency derivatives markets, according to a report by Bloomberg.
Hedge fund positioning in global equities is showing signs of capitulation, according to analysts at Goldman Sachs, with aggressive shorting activity and systematic selling potentially setting the stage for a sharp market rebound, according to a report by Bloomberg.
Impactive Capital’s campaign to overhaul the board at payments and information management company WEX may face delays after regulators flagged potential filing requirements that have yet to be met, according to a recent company disclosure according to Reuters.
Epicenter Capital, the hedge fund launches led by former Coatue trader Rahul Kishore, is pushing the boundaries of AI integration, positioning artificial intelligence not just as a tool, but as a core member of its investment team, according to a report by Bloomberg.
Norwegian Cruise Line is overhauling its board after activist investor Elliott Investment Management built a significant stake and pushed for operational and strategic changes at the business, according to a report by Reuters.
Distressed debt hedge funds, including Strategic Value Partners, are positioning for a potential wave of opportunities in private credit, with several managers describing current conditions as the most compelling setup since the 2008 financial crisis, according to a report by the Financial Times.
Oil traders appear increasingly unmoved by geopolitical signals from Donald Trump, with natural gas hedge fund founder John Arnold suggesting markets are becoming less reactive to his social media commentary, according to a report by the Wall Street Journal.
Wide discounts and a hands-off regulator have left Britain’s investment trust sector exposed. Hedge funds following Saba Capital’s model could make the most of it.
Multi-strategy major Millennium Management is unwinding a significant capital allocation to quantitative manager Engineers Gate, bringing an end to a partnership that has lasted more than three years, according to a report by Bloomberg.
