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China-based hedge fund Evolution Asset Management’s flagship fund Multi-Strategy No1 is up almost 20% YTD, and has now returned a staggering 1,485% since inception in 2015, according to a report by Bloomberg citing data from Shenzhen PaiPaiWang Investment & Management Co.
Activist hedge fund Impactive Capital is preparing to escalate its campaign at fintech firm WEX Inc, signalling plans to nominate at least four directors to the company’s board at the 2026 annual meeting, according to a statement released by the firm.
Former Man Group chief executive Peter Clarke is set to take the helm at Hiscox, the FTSE 250-listed insurer, as it looks to streamline operations and drive long-term cost efficiencies, according to a report by Reuters.
Honeywell International has appointed Marc Steinberg, a partner at Elliott Investment Management, to its board of directors, marking a significant milestone in one of the hedge fund’s largest-ever activist investments, according to a report by the Wall Street Journal.
David Einhorn, founder of Greenlight Capital, has shifted his portfolio strategy to favour European equities, citing macro tailwinds and geopolitical catalysts that he believes are poised to unlock value – particularly in cyclical industrial names, according to a report by Bloomberg.
Bridgewater Associates founder Ray Dalio has quietly stepped back from a previously announced advisory role with Indonesia’s nascent sovereign wealth fund Danantara, in a development that may cool early enthusiasm from global hedge funds and other allocators, according top a report by Bloomberg.
Dalton Investments has escalated its campaign against Fuji Media Holdings, joining forces with activist shareholder Aya Nomura, daughter of Japan’s famed corporate agitator Yoshiaki Murakami, to press for a strategic overhaul, according to a report by Bloomberg.
Hedge funds and institutional investors are ramping up bearish positioning across the US Treasury curve, as long-dated bonds continue to face relentless selling pressure amid mounting concerns over fiscal imbalances and global supply dynamics, according to a report by Bloomberg.
Saba Capital Management, the US-based activist hedge fund led by Boaz Weinstein, has disclosed new positions in two UK-listed investment trusts, as it looks to continue campaign to extract value from closed-end vehicles trading at persistent discounts to NAV, according to a report by CityWire.
Cantor Fitzgerald has struck a deal to acquire UBS’s O’Connor alternatives investment platform, adding $11bn in hedge fund, private credit, and commodities assets to its books in a major expansion of its asset management division.
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