Managers
Comerica shareholders have overwhelmingly approved the bank’s $10.9bn all-stock sale to Fifth Third Bancorp, brushing aside opposition from activist hedge fund HoldCo Asset Management, which had urged investors to reject the transaction, according to a report by Reuters.
Hedge fund Saba Capital Management, the largest shareholder in Edinburgh Worldwide Investment Trust PLC (EWI), has publicly challenged the trust’s board over a recent sell-down of its SpaceX stake, which Saba claims may have been timed to facilitate a proposed merger with Baillie Gifford’s US Growth Trust (USA).
Bridgewater Associates founder Ray Dalio has warned that the artificial intelligence-driven rally in technology stocks is entering the early stages of a bubble, cautioning investors after a third consecutive year of strong gains for US equities, according to a report by the Globe and Mail.
Edinburgh Worldwide Investment Trust (EWIT) has formally called on the UK’s Financial Conduct Authority (FCA) for intervention as tensions escalate with New York-based activist hedge fund Saba Capital Management, according to a report by The Times.
Hedge funds holding Venezuelan sovereign and state oil company debt – including Broad Reach and Winterbrook Capital – have recorded sharp gains after the country’s defaulted bonds surged following the US-led apprehension of President Nicolás Maduro, according to a report by the Financial Times.
Hedge funds sharply increased bullish positions on crude oil in the week before the US capture of Venezuelan President Nicolás Maduro, according to a report by Bloomberg citing data from teh Commodity Futures Trading Commission.
Michel Massoud’s London-based Melqart Asset Management is planning to open an office in Dubai, joining a growing wave of hedge funds establishing a presence in the Middle East, and the United Arab Emirates in particular. according to a report by Bloomberg.
Activist investors mounted a record number of campaigns globally in 2025, as market volatility, improved financing conditions and a rebound in dealmaking created fertile conditions for shareholder agitation, according to a report by Reuters citing data from Barclays.
DE Shaw & Co has suspended returning profits to clients despite strong performance across its flagship hedge funds last year, marking a departure from its longstanding practice of distributing gains to manage fund size, according to a report by Bloomberg.
Tribeca Investment Partners is exploring investment opportunities in Venezuela following a strong performance in its natural resources strategy, as the hedge fund positions itself to capitalise on what it views as a rapidly opening market, according to a report by Bloomberg.
