Outflows in digital assets funds slowed sharply to $187m last week despite heavy price pressure, with the deceleration in flows historically signalling a potential inflection point, according to Data from CoinShares.
Australian equities portfolio manager Frank Podrug is set to depart Cooper Investors later this month, according to market sources, to take up a new position with Sydney-based hedge fund firm Drummond Knight, according to a report by the Financial Review.
Multi-strategy hedge funds are expected to remain the fastest-growing segment of the industry into 2026, as managers continue to attract strong inflows and deliver robust performance, according to new research published by global fund administrator Citco in collaboration with Alternative
Herbert Filho, the former head of European credit trading and research at Morgan Stanley, has left Bobby Jain’s multi-strategy hedge fund Jain Global, according to a report by eFinancial Careers citing regulatory filings and market sources.
UK-based hedge fund Palliser Capital has submitted a series of shareholder proposals to LG Chem, urging the South Korean chemicals group to take steps to improve governance, increase transparency, and enhance shareholder returns, according to a report by ChosunBiz.
Pfizer has agreed to accept $29m to resolve a long-running dispute linked to the US Securities and Exchange Commission’s 2013 insider trading settlement with SAC Capital Management, the former hedge fund of Steven A Cohen, according to a report by
Bill Ackman’s hedge fund Pershing Square Capital Management has built a substantial position in Meta Platforms, committing around $2bn to the social media and technology group as it sharpens its focus on artificial intelligence-driven growth, according to a report by
Shares in London Stock Exchange Group rose sharply after it emerged that activist hedge fund Elliott Investment Management has taken a stake in the FTSE 100-listed market infrastructure and data provider, according to a report by Bloomberg.
Hedge funds are ramping up option strategies that profit from divergence between individual stocks and broader equity indexes, as pockets of extreme volatility in US and European markets create fresh trading opportunities, according to a report by Bloomberg.
Hedge funds, asset managers, and pension funds are planning to increase spending on alternative data this year, reflecting growing demand and strong senior management backing, according to new research from Exabel, an alternative data insights and analytics platform.
