Latest News
Hedge funds and other investors are increasing exposure to Chinese renewable energy stocks as the oil price spike triggered by the Iran conflict reshapes global energy expectations and investment flows, according to a report by Reuters.
Hedge fund manager Fermat Capital Management is voicing strong opposition to a European proposal that could limit retail investors’ access to catastrophe bonds, as the firm and other managers coordinate a response to protect the $60bn market, according to a report by the Insurance Journal.
Hedge fund Trian Fund Management has raised objections to a revised takeover proposal from Victory Capital for Janus Henderson, intensifying a competitive bidding process for the firm, according to a report by Reuters.
A senior executive at Cubist Systematic Strategies – the quant division of $46bn hedge fund Point72 Asset Management – is leaving the business after a challenging run of performance, according to a report by Business Insider.
Old West Investment Management has delivered a 31% gain for its flagship fund this year, thanks to a strategic increase in energy stock holdings long before recent geopolitical developments drove oil prices higher, according to a report by Bloomberg.
Portfolio managers at GAM Alternatives have called on Liontrust Asset Management to launch an immediate strategic review, including a potential sale of the business, arguing the company is materially undervalued.
Global hedge funds stepped up their selling of emerging Asian equities last week, marking the heaviest net outflows from the region in nearly a year, according to a report by Bloomberg citing a client note from Goldman Sachs.
Elliott Investment Management has taken a multi-billion dollar position in Synopsys, as the activist investor looks to drive operational and financial improvements at the chip software provider, according to a a report by the Wall Street Journal citing an unnamed source familiar with the matter.
Daniel Loeb’s Third Point suffered a blow in its first major foray into southern Europe after Spanish defence firm Indra abandoned plans to merge with weapons manufacturer EM&E, according to a report by the Financial Times.
Point72 Asset Management and Balyasny Asset Management have barred employees from participating in prediction markets through personal accounts, according to a report by Bloomberg citing unnamed sources familiar with the policies.
