Managers
Activist hedge fund Elliott Investment Management has said London Stock Exchange Group can take additional steps to unlock shareholder value, despite welcoming the group’s newly announced £3bn share buyback, according to a report by Bloomberg.
Hedge funds moved quickly to assess exposures and reposition portfolios after weekend attacks on Iran by the US and Israel triggered sharp market swings and raised fears of prolonged instability across the Middle East, according to a report by Bloomberg.
Hedge funds turned increasingly bullish on oil, pushing net-long positions in Brent crude to their highest level in almost two years ahead of the joint US-Israel attack on Iran, according to a report by Bloomberg citing data from ICE Futures Europe.
Activist hedge fund Saba Capital has rejected claims that it is acting unreasonably in its standoff with Impax Environmental Markets PLC, insisting that its demands are rooted in shareholder protection rather than brinkmanship.
Hedge fund Rubric Capital has warned investors that some private credit firms may be using aggressive accounting practices to mask leverage, raising concerns about transparency and risk in parts of the rapidly growing market, according to a report by Reuters.
Global investors including hedge funds are increasing allocations to Australian government bonds as concerns grow over stretched valuations tied to the artificial intelligence boom, according to a report by Bloomberg citing data from Morningstar.
Man Group chief investment officer Gregory Bond believes the multi-strategy hedge fund model remains well positioned to attract capital, as investors look for diversification and uncorrelated returns in an increasingly volatile market environment, according to a report by Financial News London.
US asset manager Victory Capital has publicly unveiled an $8.6bn bid for Janus Henderson Group, challenging the previously agreed $7.4bn takeover by Nelson Peltz’s Trian hedge fund and General Catalyst, according to a report by Reuters.
Multi-strategy hedge funds including Citadel, Point72 and Balyasny Asset Management are increasingly focused on developing junior talent in-house as competition and costs for experienced portfolio managers continue to rise, according to a report by eFinancial Career
David Tepper, the founder of hedge fund Appaloosa Management has stepped up pressure on Whirlpool, accusing the appliance manufacturer of destroying shareholder value and calling for sweeping strategic changes, according to a report by the Wall Street Journal.
