Activist hedge fund Sachem Head Capital Management has taken a new stake in consumer healthcare group Kenvue, building a 10.6m share position worth roughly $223m at quarter-end, according to a report by Reuters citing the firm’s latest 13F filing.
Denmark’s Orsted A/S faces mounting market pressure after announcing plans to raise more than $9bn via a rights offering – a move Clean Energy Transition CEO Per Lekander says is practically an open call to short the stock, according to
Ed O’Reilly, the Global Head of the Client and Partner Group at multi-strategy hedge fund major Citadel is set to retire later this year, according to a report by Reuters citing an internal company memo.
Peter Martin, the former CEO of Odey Asset Management, the hedge fund firm that began closing in October 2023 following sexual harassment allegations against founder Crispin Odey, has joined boutique investment firm Oberon Investments Group, according to a report by
Hedge funds delivered a 1.25% gross return in July, according to the SS&C GlobeOp Hedge Fund Performance Index, while the SS&C GlobeOp Capital Movement Index showed net inflows of 0.63% in August – a sharp improvement on the 0.17% seen
Goldman Sachs is giving wealthy investors the chance to buy into Izzy Englander’s Millennium Management, one of the world’s largest hedge fund managers, with financial commitments of between $1m and $20m, according to a report by Bloomberg.
Bridgewater Associates fully exited its positions in US-listed Chinese equities during Q2, offloading roughly $1.5bn worth of shares in 16 companies and two China-focused ETFs, according a report by Reuters citing the firm’s latest 13F filing.
Squarepoint Capital is stepping up its expansion into physical metals trading with a significant hiring push, recruiting seven experienced traders from MRI Trading AG, a specialist metals firm founded by Marc Rich, according to a report by Bloomberg.
Australian fund managers are increasingly taking on hedge funds betting against lithium stocks, positioning for a rebound in prices that could force short sellers to cover and intensify the sector rally, according to a report by the Financial Review.
Maxwell Lee, a high-profile commodities hire at Jain Global, has left the firm less than 12 months after joining from Bank of America, according to a report by Business Insider citing unnamed people familiar with the matter.
