Latest News
US activist investor Saba Capital Management may have lost the first battle in it bid to overhaul Britain’s £269bn ($333bn) investment trust sector, but the war is far from over with five more trusts set to face shareholder votes over control of their boards this week, according to a report by Reuters.
Jason Sippel, co-Head of Global Markets at JPMorgan Chase, is set to leave the US bank after more than 20 years to take on a high-profile role at UK-based macro hedge fund Rokos Capital Management, according to a report by Bloomberg News.
LoCorr Funds, a provider of low-correlating alternative investment strategies, has launched the LoCorr Strategic Allocation Fund, a new mutual fund designed to capture equity market gains while minimising losses during periods of market volatility.
Smiths Group has unveiled plans to break up, marking the end of the last major industrial conglomerate listed on the London Stock Exchange, following pressure from Engine Capital, a US activist hedge fund holding a roughly 2% stake in the business, according to a report by the Financial Times.
Hedge funds have poured billions into bets against the US stock market, anticipating a potential crash under Donald Trump’s presidency, according to a report by the Telegraph citing data from Goldman Sachs showing a sharp rise in short positions in US stocks.
Live Nation Entertainment and Apple were the most shorted large-cap stocks in the US during December 2024, according to the latest Shortside Crowdedness Report from Hazeltree, a data analytics and treasury technology firm for alternative asset managers.
London-based hedge fund Taula Capital Management has recruited Alfredo Saitta, a former Portfolio Manager at Brevan Howard Asset Management, as it continues to expand its trading team, according to a report by Bloomberg.
Preqin’s All Hedge Fund Index rose 2.4% in Q4 2024, taking annual gains to 12.6%, and outpacing both public equities and bonds, with the MSCI World Index declining 0.1% and the Bloomberg Global Aggregate Bond Index down 5.1% for the quarter.
The Securities and Exchange Commission and the Commodity Futures Trading Commission have pushed back the compliance date for new Form PF reporting requirements, granting hedge funds and PE managers more time to adjust to the new regulations.
Balyasny Asset Management, the multi-strategy hedge fund firm led by Dmitry Balyasny, is expanding its footprint in Connecticut, securing a 10,464-square-foot office lease at 2187 Atlantic St in Stamford, according to a report by Connect CRE.
Special Reports
FeatureD
- Insight
