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Short-sellers had a lucrative year betting against Ocado, as the company’s share price plunged by more than 50% during 2024, on the back of ongoing doubts about the long-term demand for its robot-operated warehouses, according to a report by The Times.
Global digital assets funds racked up a record $44.4bn of inflows during the course of 2024, four-times the previous annual high set in 2021, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge funds have significantly increased bearish positions on the Australian dollar, capitalising on the currency’s vulnerability as concerns over US tariffs and a sluggish Chinese economy weigh heavily on its value, according to a report by Bloomberg.
Bridgewater Associates, the world’s largest hedge fund, has laid off 7% of its workforce as part of an effort to remain lean and maintain flexibility for future hiring, according to a report by Reuters citing an unnamed source familiar with the matter.
Keystone Positive Change, an investment trust managed by Baillie Gifford, has urged its shareholders to oppose a bid by US hedge fund Saba Capital Management to oust several of its board directors and install their own nominees, according to a report by Reuters.
Vulpes Investment Management, the family office of veteran hedge fund manager Steve Diggle, who made billions during the 2008 financial crisis, is planning to raise up to $250m for a new hedge fund and managed accounts, according to a report by Bloomberg.
Stone Ridge Asset Management, a New York-based investment firm specialising in alternative risk strategies, has posted stellar results for its reinsurance and insurance-linked securities funds in 2024, building on record-breaking performance in 2023, according to a report by Artemis.
Insight Investment, a global asset manager across liability driven investment, fixed income, currency solutions, cash management, absolute return, and multi-asset, has announced Raman Srivastava as its CEO designate, according to a report by Pension & Investments.
The euro has started the year on a weak footing, and hedge funds are betting it could reach parity with the dollar – or fall even lower – in the coming months, according to a report by Bloomberg citing data from the Depository Trust and Clearing Corporation (DTCC).
The UK continues to be the most targeted country in Europe for investor activism, and the fourth worldwide, with 42% of all campaigns launched in Europe in 2024 targeting UK companies, according to Alvarez & Marsal’s latest A&M Activist Alert (AAA) Outlook.
