Latest News
Blue Diamond Asset Management, the Swiss hedge fund known for its volatility-focused strategies, suffered its worst-ever monthly loss in April amid a sharp reversal in global risk sentiment triggered by tariff turmoil, according to a report by Bloomberg.
Billionaire activist investor Daniel Loeb is executing a strategic overhaul of his London-listed investment vehicle, Third Point Investors Limited, in a bid to escape the chronic valuation discount that has dogged it for years and frustrated shareholders, according to a report by Reuters.
Millennium Management’s Senior Energy Portfolio Manager, Brian O’Hara, has left the multi-strategy hedge fund after nearly three years, according to a report by Bloomberg citing unnamed people familiar with the matter.
Activist hedge fund firm Elliott Investment Management is heading into uncharted territory as the firm gears up for its first-ever proxy vote in a US public company, marking a pivotal moment in its long-standing campaign to overhaul energy giant Phillips 66, according to a report by Bloomberg.
Swatch Group is facing a rare moment of shareholder activism as Steven Wood, founder of New York-based activist hedge fund GreenWood Investors, makes a bold bid to secure a seat on the Swiss watchmaker’s board at its annual general meeting on Wednesday, according to a report by Reuters.
Global capital markets technology platform Trading Technologies International has substantially expanded its FX liquidity by integrating with the EBS Market central limit order book (CLOB), a regulated, anonymous all-to-all matching platform.
The Shanghai Futures Exchange is reportedly planning to open its domestic nickel futures contract to foreign institutional investors this year, a move that could appeal to hedge funds and asset managers as it looks to challenge the dominance of the London Metal Exchange (LME), according to a report by Reuters.
Asia-focused hedge funds saw a dramatic performance split in April, as volatility triggered by US President Donald Trump’s abrupt tariff policy swings created both standout winners including True Partner Fund, and severe laggards across the region, according to a report by Bloomberg.
Activist hedge fund Starboard Value has successfully secured board representation at Qorvo, with the semiconductor firm announcing it will nominate Peter Feld, Starboard’s Managing Member and Head of Research, to its board of directors, according to a report by Reuters.
FMX Futures Exchange, part of BGC Group Inc, has launched trading in US Treasury futures, marking a significant expansion of the platform’s product suite and aiming to disrupt one of the most heavily traded segments of the global fixed income market.
