Latest News
Activist hedge fund Saba Capital has disclosed a 14.1% holding in Smithson Investment Trust (SSON), the £1.6bn global smaller companies fund managed by Terry Smith’s Fundsmith, intensifying pressure on the underperforming vehicle, according to a report bay Quoted Data.
LSEG D&A has launched REDI on Workspace, embedding execution management directly into its flagship platform, LSEG Workspace, marking a significant milestone in unifying front-office workflows for investment professionals.
Shares in Workday jumped nearly 9% on Wednesday after activist hedge fund Elliott Management disclosed a stake worth more than $2bn in the HR software provider, while publicly endorsing its leadership team, according to a report by Reuters.
Man Group, the world’s largest publicly listed hedge fund manager, has entered the US ETF market with the launch of its first standalone products — a move that brings hedge fund-style credit strategies to a broader investor base.
Hedge funds continued their strong performance in August, returning 2.3% and bringing year-to-date gains to 14.1%, according to the latest monthly Hedge Fund Update report Citco, the e world’s largest hedge fund administrator, managing over $1tn in AUA.
RBC BlueBay Asset Management has taken a long position in the Japanese yen, anticipating potential strength from a Bank of Japan rate hike and the upcoming Liberal Democratic Party leadership contest, according to a report by Bloomberg.
Bobby Jain’s hedge fund Jain Global has bolstered its investment team with the hiring of Joseph Kansao, formerly a partner at BlackRock and an event-driven strategies specialist, as a Portfolio Manager, according to a report by Financial News.
Little Harbor Advisors is launching a multi-manager, short-only hedge fund to capitalise on perceived market vulnerabilities, with a particular focus on financials, real estate, private equity vehicles and solar energy, according to a report by MorningStar.
Quantitative hedge fund AlphaQuest, which rebranded from Quest Partners earlier this year to signal its “alpha-driven” approach, has posted an 11.4% decline in 2025 up to the end of August, according to a report by Bloomberg.
DE Shaw & Co, the New York-headquartered tech-driven hedge fund giant, is raising $3bn–$5bn for its new Cogence Fund, marking the firm’s first multi-strategy hedge fund run entirely by human traders rather than algorithms, according to a report by Bloomberg.
Special Reports
FeatureD
- Insight
