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Activist hedge fund Elliott Management has privately assured the UK government that it is not seeking a break-up of London Stock Exchange Group (LSEG) or a spin-off of the London Stock Exchange, following the build-up of a significant stake in the company, according to a report by the Financial Times.
Verition Fund Management is licensing Photon, the proprietary trading technology developed by Eisler Capital, following the London-based hedge fund’s decision to close down, according to a report by Bloomberg.
Dan Loeb, CEO of hedge fund Third Point LLC, says short selling is regaining relevance as market conditions shift, creating opportunities to profit from previously crowded trades, according to a report by Bloomberg.
Saba Capital founder Boaz Weinstein has raised fresh concerns about the stability of the private credit sector, highlighting how recent troubles at Blue Owl Capital are exposing weaknesses in the $1.8tn industry, according to a report by Bloomberg.
Hedge fund Irenic Capital Management has built a roughly 2% stake in precision technology company Ralliant (RAL.N) and is urging the firm to implement cost reductions, accelerate share buybacks, and focus more on its defense and electronics business, according to a report by Reuters.
Japan’s largest business lobby, Keidanren, has postponed a private meeting with activist hedge fund Elliott Investment Management that had been scheduled for 5 March, according to a report by Reuters citing a lobby official.
Hedge fund clients of Citigroup sold the US dollar around last week’s US Supreme Court ruling that struck down President Donald Trump’s sweeping tariff measures, according to a report by Reuters citing a note from the bank.
Hedge funds edged back into technology stocks last week after several weeks of aggressive selling with buying focused on large cap tech names, according to a report by Reuters citing a recent client note from the prime brokerage division at JPMorgan.