Managers
Dan Loeb, CEO of hedge fund Third Point LLC, says short selling is regaining relevance as market conditions shift, creating opportunities to profit from previously crowded trades, according to a report by Bloomberg.
Saba Capital founder Boaz Weinstein has raised fresh concerns about the stability of the private credit sector, highlighting how recent troubles at Blue Owl Capital are exposing weaknesses in the $1.8tn industry, according to a report by Bloomberg.
Hedge fund Irenic Capital Management has built a roughly 2% stake in precision technology company Ralliant (RAL.N) and is urging the firm to implement cost reductions, accelerate share buybacks, and focus more on its defense and electronics business, according to a report by Reuters.
Japan’s largest business lobby, Keidanren, has postponed a private meeting with activist hedge fund Elliott Investment Management that had been scheduled for 5 March, according to a report by Reuters citing a lobby official.
Hedge funds edged back into technology stocks last week after several weeks of aggressive selling with buying focused on large cap tech names, according to a report by Reuters citing a recent client note from the prime brokerage division at JPMorgan.
South Korea has secured a partial victory in a legal challenge to a long-running arbitration ruling stemming from the 2015 Samsung merger dispute with US hedge fund Elliott, after the High Court in London overturned part of a $100m-plus arbitral award, according to a report by Reuters.
The market for catastrophe bonds is expanding at an unprecedented pace, with issuance levels being driven by a wave of first-time sellers and rising demand from insurers seeking to transfer risk to capital markets, according to a report by Bloomberg citing Fermat Capital Management.
Bitcoin remains locked in fragile trading conditions as crypto hedge funds scale back risk and boost cash allocations following a sharp market sell-off that has undermined confidence across digital assets, according to a report by the Business Times.