Latest News
With volatility roiling markets and a wave of portfolio manager exits sweeping through firms, hedge fund “super-recruiters,” or business development professionals, have become central to the industry’s future, according to a report by eFinancial Careers.
Daniel Loeb’s hedge fund, Third Point, is building a position in consumer healthcare company Kenvue, according to a report by the Financial Times citing sources familiar with the matter, adding fresh momentum to investor calls for strategic changes at the $44bn firm.
Bill Ackman the founder and Chef Executive Officer of hedge fund Pershing Square, believes China cannot afford a drawn-out tariff war with the US and is facing mounting pressure to strike a deal, according to a report by Bloomberg.
Himanshu Gulati, founder of credit-focused hedge fund Antara Capital, is set to join Marshall Wace, marking a high-profile departure amid ongoing challenges at his firm, according to a report by Bloomberg.
Chris Hansen’s Valiant Capital Management is riding a wave of volatility to strong returns, with bearish bets paying off handsomely in April as markets reeled from US President Donald Trump’s renewed tariff push, according to a report by the Wall Street Journal.
Hedge funds eyeing exposure to European sovereign credit will soon have a new tool at their disposal, as Deutsche Boerse’s derivatives exchange Eurex prepares to launch futures contracts on European Union (EU) bonds, according to a report by Reuters.
Balyasny Asset Management has secured a high-profile hire in the Asian macro space, luring seasoned yen rates portfolio manager Ron Choy from BlueCrest Capital Management with a compensation package reportedly worth around $30m, according to a report by Bloomberg.
Andurand Capital’s flagship commodities hedge fund has deepened its losses this year, dropping 52% year-to-date after a sharp April selloff driven by mounting global trade tensions, according to a report by Bloomberg.
Autodesk has reached a settlement with activist hedge fund Starboard Value, bringing an end to one of 2024’s most high-profile proxy contests by agreeing to appoint two new independent directors to its board, according to a report by Reuters.
Robert Gibbins, founder of Autonomy Capital Research, is preparing to reopen his hedge fund to external investors after a sharp turnaround in performance driven by what he calls a “modern macro” strategy focused on technological disruption as a macroeconomic force, according to a report by Bloomberg.
