Managers
Institutional investors remain largely unconvinced by crypto hedge fund strategies, according to Man Group and LGT Capital Partners, who say the asset class still carries more operational risk than reward, according to a report by Bloomberg.
Short sellers are beginning to unwind positions against some of the largest publicly listed US business development companies after a sharp selloff in the sector delivered $127m in profits over the past month, according to a report by Bloomberg citing new research by S3 Partners.
London-based activist hedge fund Palliser Capital has publicly called on LG Chem to address what it sees as a significant market undervaluation, after revealing a stake of over 1% in the South Korean chemical and battery materials company, according to a report by the Korea Herald.
London-based Nickel Digital Asset Management, Europe’s leading regulated and award-winning digital assets hedge fund manager, has stepped up its role as an allocator to globally located trading teams (pods) as it looks to enhance investor returns
Dubai-based Magellan Capital Limited has been cleared by the Dubai Financial Services Authority following a months-long investigation into the hedge fund startup, the firm has confirmed, according to a report by Bloomberg.
Activist hedge fund Jana Partners has revealed a 9% stake in Six Flags Entertainment and is joining forces with NFL star Travis Kelce to pressure the amusement park operator to overhaul its marketing and customer experience strategy, according to a report by Reuters.
Activist hedge fund Ananym Capital is pressuring auto parts supplier LKQ Corp to divest its European operations and refocus on its North American business, according to a report by Reuters citing unnamed sources familiar with the matter.
Brazilian hedge funds, including Verde Asset Management, are extending their winning streak, with managers doubling down on bullish trades across local assets as easing inflation and rate-cut expectations fuel optimism, according to a report by Bloomberg.
Macro hedge funds have been paring back risk exposure amid renewed market volatility, but remain net long equities, according to a report by Investing.com citing recent analysis by Barclays’ prime brokerage unit.
Hedge funds slashed equity exposure last week in their largest sell off in more than six months, exiting energy and financial stocks as volatility spiked across global markets, according to a report by Reuters citing prime brokerage data from Goldman Sachs and JPMorgan.
