Latest News
Australian hedge fund Totus Capital posted one of its strongest monthly performances recently, driven by a rebound in key holdings after a challenging stretch for its investment book, according to a report by the Financial Review.
Malcom Pratt, former co-head of EMEA high-touch sales trading at Bank of America, has joined RBC as a hedge fund sales trader following a short-lived move to fintech firm Clear Street, according to a report by eFinancial Careers.
Investment professionals working in digital assets are increasingly concerned about the boom in bitcoin treasuries as more publicly-listed companies hold bitcoin as a reserve asset on their balance sheets, according to a poll by digital assets hedge fund Nickel Digital Asset Management.
Activist hedge fund Irenic Capital Management is seeking to attract private equity buyers for SSP Group, the London-listed operator of travel food outlets including Upper Crust, according to a report by the Financial Times.
Goldman Sachs-backed Petershill Partners Plc, which holds minority stakes in hedge funds and private equity firms, is to delist from the London Stock Exchange and return $921m to investors, valuing the company at $4.5bn, according to a report by Bloomberg.
Toronto-based hedge fund Waratah Capital Advisors is ramping up its exposure to gold equities as bullion hits record highs, viewing the rally as just beginning investing in mid-tier producers as well as early-stage developers, according to a report by Bloomberg.
Performance Food Group, a US food company with a product line covering everything from condiments to fresh fish, has reached a settlement with Sachem Head Capital Management, appointing the activist hedge fund’s founder Scott Ferguson to its board, according to a report by Reuters.
Boston-based hedge fund Verdad Advisers is preparing to launch a new Japan-focused equity fund targeting small-cap companies, continuing its strategy of exploiting capital inefficiencies in less-followed stocks, according to a report by Bloomberg.
Mark Spitznagel, the Founder and Chief Investment Officer of tail-risk hedge fund Universa Investments has cautioned that US equities could climb another 20% before a collapse rivalling the 1929 stock market crash, according to a report by Reuters.
Marshall Wace has taken legal action to prevent crypto data provider Lukka Inc from proceeding with a new financing round that the hedge fund says would disadvantage its investments, according to a report by Bloomberg.
