Latest News
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.
Schonfeld Strategic Advisors is launching a second equities unit, Triwood Asset Management, to focus on long-short stock picking across Asia-Pacific markets, the New York-based multi-strategy hedge fund confirmed in an internal memo, according to a report by Bloomberg.
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.
Standard Chartered has partnered with Seviora Capital to launch a new multi-manager hedge fund vehicle – Select Seviora Titans Absolute Return fund – under its Variable Capital Company (VCC) platform, according to a report byFinTech News.
Commodity-focused hedge fund Farrer Capital Management is seeking to raise up to $400m for a new agriculture strategy, as specialist managers look to capitalise on renewed investor interest in commodities despite a cooling in returns, according to a report by Bloomberg.
South Korea has secured a partial victory in a legal challenge to a long-running arbitration ruling stemming from the 2015 Samsung merger dispute with US hedge fund Elliott, after the High Court in London overturned part of a $100m-plus arbitral award, according to a report by Reuters.
CME Group Inc is moving closer to adopting crypto’s always-on trading model, announcing plans to allow futures and options on digital assets to trade nearly 24 hours a day later this year, according to a report by Bloomberg.
