An affiliate of Elliott Investment Management has emerged as the frontrunner in the high-stakes auction of Citgo Petroleum’s parent company, PDV Holding, after submitting an improved offer that now tops a rival $7.4bn bid from Gold Reserve’s Dalinar Energy, according
Hedge fund Emmett Investment Management is preparing for a potential boardroom battle at Whitestone REIT and is considering nominating directors to the shopping centre operator’s six-member board, according to a report by Reuters.
Bobby Jain’s $5.3bn hedge fund Jain Global has hired Gregoire Thomas, a former Millennium Management portfolio manager, as a Portfolio Manager in Hong Kong as it continues to scale its global platform, according to a report by Financial News.
Ken Griffin’s $68bn hedge fund firm Citadel is pushing deeper into Asia-Pacific commodities markets with the launch of an Australian trading desk, anchored by the hire of Keith Handbury, a senior trader from Shell, according to a report by Bloomberg.
One of Deutsche Bank’s top hedge fund salespeople, Ryan Bouchikhi, is set to leave the German lender for a hedge fund. While his new employer hasn’t been confirmed, a report by eFinancial Careers has suggested it could be Balyasny Asset
By Robert D Stock (pictured), PhD, Axioma Analytics Research, SimCorp – Passive investing in index funds has been enormously popular and for good reasons. In fact, total passive assets surpassed active assets by early 2024, according to Research Affiliates1. But
Hedge fund redemptions ticked up in August, according to the latest SS&C GlobeOp Forward Redemption Indicator, which rose to 2.03% from 1.56% in July. The figure, however, remains below the 2.59% recorded in August 2024 and is in line with
Once a popular short among hedge fund managers Elon Musk’s EV-manufacturer Tesla has reappeared on the list of their “VIP” stocks for the first time since 2022, according to a report by MorningStar citing new analysis from Goldman Sachs.
Hedge funds are increasing exposure to companies likely to benefit from a potential Ukraine peace deal, as optimism builds around US President Donald Trump’s efforts to broker an agreement with Vladimir Putin, according to a report by the Daily Telegraph,
Event-driven investment firm Lykos Global Management has hired J Andrew McEntire, multi-=strategy hedge fund firm Point72 Asset Management’s long-standing global head of capital markets, as its new President, according to a report by Bloomberg.
