Managers
Palliser Capital (UK) Ltd says South Korean investors are becoming increasingly receptive to foreign-led shareholder activism, with local stakeholders showing more willingness to challenge management at family-controlled conglomerates, according to a report by Reuters.
Oaktree Capital Management is preparing to acquire control of a US life insurer as part of a restructuring linked to the collapse of Miami-based investment firm 777 Partners, according to a report by the Financial Times.
Davidson Kempner Capital Management has warned that financial stress across the private capital industry is deeper than many on Wall Street recognise, with a “substantial portion” of private equity firms already under pressure, according to a report by the Financial Times.
Infini Capital has confirmed that its business and investment operations “remain normal” following reports that Hong Kong authorities have launched an insider trading investigation involving multiple financial firms, accordoing to a report by Reuters.
Ben Cohen has renewed his criticism of hedge fund influence over the ice-cream business following the appointment of a partner from activist Trian Fund Management to the board of Magnum Ice Cream Company, according to a report by The Times.
Sydney-based asset manager Regal Partners Ltd suffered a setback on Friday after shares in one of its portfolio companies, Immutep Ltd, collapsed following the discontinuation of a clinical trial for a lung cancer treatment, according to a report by Bloomberg.
Hedge funds are increasing bullish wagers on the Australian dollar as markets position ahead of the Reserve Bank of Australia’s (RBA) policy decision next week, according to a report by Bloomberg citing the latest CME data.
Hedge funds are experiencing their steepest drawdown since April’s so-called ‘Liberation Day’ as volatile markets trigger the unwinding of crowded trades, according to a report by Bloomberg citing strategists at JPMorgan Chase.