Latest News
Hedge fund allocations are rising as institutional investors seek to navigate growing macroeconomic and geopolitical risks, according to the latest Manager Intelligence and Market Trends report from global investment consultancy bfinance.
Standard Chartered has launched a dedicated global financial sponsors team focused on hedge funds, private equity firms, and sovereign wealth funds, marking a strategic expansion of its investment banking franchise and a push to deepen ties with alternative asset managers, according to a report by Reuters.
Phillips 66 has agreed to divest a majority stake in its German and Austrian fuel retail operations in a $2.8bn transaction, a strategic move that comes amid intensifying pressure from activist hedge fund Elliott Investment Management, according to a report by Reuters.
Daniel Loeb’s hedge fund Third Point has disclosed significant positions in US Steel and Kenvue, signalling potential activist interest in two companies currently under strategic and regulatory pressure, according to a report by Reuters.
Speaking at the Sohn Investment Conference in New York, Discovery Capital founder and macro hedge fund manager Rob Citrone highlighted Mexico’s America Movil as his top stock choice, citing the company’s broad exposure across Latin America, according to a report by Reuters.
In a significant portfolio overhaul during Q1, Michael ‘Big Short’ Burry’s Scion Asset Management almost liquidated its entire listed equity holdings while simultaneously increasing bearish wagers on Nvidia and key Chinese technology stocks, according a report by Bloomberg.
TOP STORY: Brazilian hedge funds, notched their strongest monthly performance in nearly two decades in April, as falling interest rates fuelled outsized gains with the Anbima Hedge Fund Index surging by 4% over the month, according to a report by Bloomberg.
Multi-strategy hedge fund major Millennium Management has added another senior investment banking veteran to its growing Asia-Pacific operation, appointing Ernest Ng, former Head of Asia-Pacific Equity Derivatives at UBS, as a Senior Portfolio Manager, according top a report by Bloomberg.
Activist hedge fund H Partners is claiming a partial victory in its campaign to force change at Harley-Davidson, despite the re-election of three incumbent board members at the firm’s annual meeting, according to a report by Bloomberg.
Hedge fund Fermat Capital Management is forecasting a 20% expansion in the catastrophe bond market in 2025, as institutional and retail investors increasingly allocate to insurance-linked securities (ILS), according to a report by Bloomberg.
