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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.
Digital asset inflows hit $785m last week, pushing YTD totals to $7.5bn and fully recovering the outflows seen between February and March, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Dubai-based hedge fund startup Magellan Capital Limited is facing regulatory scrutiny after a former senior trader filed complaints alleging misconduct by the firm’s top executive ahead of its anticipated $700m launch, according to a report by Bloomberg.
Hedge funds delivered resilient performance in April despite heightened market volatility triggered by tariff policy shifts, according to new data from Citco, the global asset servicer with over $2tn in assets under administration.
Shanghai-based macro hedge fund Banxia Investment Management, led by prominent manager Li Bei, is exiting its China bank positions as the nation’s deepening property crisis threatens to cascade into the financial system via rising bad loans, according to a report by Bloomberg.
