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JANA Partners, the activist hedge fund firm founded by Barry Rosenstein, has written a letter to Wolfspeed, the world’s largest manufacturer of silicon carbide, to consider all options for improving shareholder value including a sale of the company, according to a report by Reuters.
Global capital markets technology platform provider Trading Technologies International has introduced TT Splicer, a new TT Premium Order Type that intends to enhance functionality for synthetic multi-leg spread trading.
London-based hedge fund manager Nickel Digital Asset Management’s flagship Diversified Alpha Fund has delivered record quarterly and monthly performance, according to the latest data from BarclayHedge.
Digital asset investment products saw outflows for the second consecutive week totalling $206m, with trading volumes in ETPs dipping slightly at $18bn, according to the latest Digital Assets Fund Flows Weekly from CoinShares.
Aspect Capital, a London-based quant hedge fund with $7.5bn in AUM, has racked up a 21% return so far in 2024 in its flagship fund on the back of winning bets on currency markets and commodities, according to a report by Bloomberg.
High Ground Investment Management, a London-based hedge fund run by Edgar Allen, has appointed former Adelphi Capital Partner Henry Guest to run its second hedge fund, which is due to launch in Q4 2024, according to a report by Bloomberg.
Mountaineer Partners Management, an opportunistic hedge fund focused on value and event-driven investments, has written an open letter to Vishay Intertechnology’s board of directors, urging the implementation of a $600m share buy-back programme.
The first sharp dip in US and European stocks this year prompted global hedge funds to up their borrowing to the highest level seen in five years in the week ending 19 April, according to a report by Reuters.
Global hedge fund industry assets increased for the sixth successive quarter in Q1 2024, hitting a record $4.3tn on the back of strong performance and investor inflows, according to the latest figures from industry data provider HFR.
Alberto Gallo, CIO of $200m hedge fund Andromeda Capital Management, is betting that the ECB will cut interest rates just once or twice this year by selling European government bonds, according to a report by Bloomberg.
