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Activist Jana Partners has called for “significant” leadership changes at Lamb Weston Holdings, suggesting the company explore alternatives, including a potential sale, if its demands aren’t met, according to a report by Bloomberg.
Natural gas trading specialist Ron Ozer has made a strong comeback after a tough start to the year, with his Miami-based hedge fund, Statar Capital, up 23% through mid-December, reversing losses of 13% in the second quarter, according to a report by Bloomberg.
Having historically positioned themselves against local markets, Brazilian hedge funds saw significant gains in November as fiscal concerns drove market turmoil, reports BNN Bloomberg, marking only their third month of outperformance in 2024.
A US judge overseeing the auction of shares in Citgo Petroleum’s parent company has dealt a blow to activist hedge fund Elliott Investment Management, ordering a reopening of the bidding process allowing other bidders access to company data, according to a report by Reuters.
Five-year-old London-based activist investor Bluebell Capital Partners is shutting down after struggling to grow its investor base and is now returning capital to its external investors, according to the Financial Times, citing co-founder Marco Taricco.
The MFA, together with three other trade associations, has requested that the Securities and Exchange Commission and Commodity Futures Trading Commission extend the compliance deadline for the amended Form PF requirements by six months.
Speculators are increasingly optimistic about gasoline futures, reaching their most bullish stance in eight months amid low prices and looming concerns about supply constraints next year, Bloomberg reports.
Hedge funds have set a record for short positions on ether futures at the Chicago Mercantile Exchange (CME), with contracts reaching an all-time high of 6,349, reports BeinCrypto, citing a release by Zerohedge.
Following Hilbert Group AB’s recent acquisition of Liberty Road Capital (LRC), the quant investment firm has now integrated Liberty’s advanced AI technology into its trading and analytics ecosystem, paving the way for new user-centric products on the Coin360 side.
With hedge funds including Millennium, Citadel, and Balayasny having upped their activity in Europe’s natural gas markets drawn by extreme price swings, their growing dominance now risks destabilising the market and potentially triggering a slump, according to a report by Bloomberg.
