Latest News
Digital asset investment products saw $1.2bn of inflows last week, the fourth consecutive positive week, with eight assets recording inflows versus six the prior week, according to the latest data from CoinShares.
Bill Ackman’s latest attempt to broaden his investment platform got off to a weak start on Wall Street, with shares in his newly listed fund falling sharply on debut amid subdued investor demand and a scaled-back fundraising effort, according to a report by the Financial Times.
Activist hedge fund firm Saba Capital has effectively won its long-running campaign to take control of the board of Edinburgh Worldwide Investment Trust, following a dramatic shift in shareholder voting dynamics ahead of the company’s AGM.
Sanctions have evolved into a structural investment risk factor that is increasingly surfacing inside portfolio holdings only after losses or compliance issues emerge, according to a report by CityWire citing analysis by Morningstar Inc.
Avis Budget Group has publicly criticised one of its largest shareholders, hedge fund Pentwater Capital Management, over its role in the sharp rise and subsequent collapse of the company’s share price, according to a report by Bloomberg.
Millennium Management was among the prominent hedge fund participants in Contemporary Amperex Technology Co Ltd’s (CATL) $5bn share placement, underlining strong alternative investor appetite for one of Asia’s largest equity capital markets deals this year, according to a report by Bloomberg.
Multi-strategy hedge fund major Citadel has received regulatory approval to begin operating in Dubai, marking a significant step in its expansion into one of the fastest-growing global centres for hedge fund activity, according to a report by Bloomberg.
Citadel founder and CEO Ken Griffin is set to meet New York State Governor Kathy Hochul on Thursday, as tensions continue to build over proposed tax changes targeting high-value second homes in New York City, according to a report by Reuters.
New York City Mayor Zohran Mamdani is seeking to reduce a widely used tax benefit for hedge funds, private equity firms and other high-income business partnerships as part of efforts to close a widening municipal budget gap.
TOP STORY: President Donald Trump has nominated G Hunter McMaster II, a former executive at hedge fund Key Square Group, to serve as Assistant Treasury Secretary for Financial Markets, formalising a role he has already been effectively carrying out since mid-2025, according to a report by Bloomberg.
