Man Group’s chief financial officer Antoine Forterre has sold about £1.5m of shares in the London-listed investment manager, shortly after the firm reported record assets under management and strong first-half results, according to a report by the Financial Times.
Man Group has hired Eric Woitscheck, a capital markets specialist from DWS as the London-based investment manager prepares to expand its ETF business into Europe, according to a report by etfstream.
India’s revamped stock-market closing auction is facing an unexpected challenge: some of the high-frequency and proprietary trading firms that provide significant liquidity are largely opting not to participate, according to a report by Bloomberg.
Technology-focused hedge funds suffered their steepest monthly decline since the global financial crisis in July as a sharp reversal in AI-related equities hit managers concentrated in the sector, according to a the latest data from HFR.
The evolution of hedge fund financing since the global financial crisis has shifted risk away from banks’ balance sheets but concentrated it within highly leveraged investment vehicles.
As part of Wellington’s broader InvestorExchange podcast, this special mini-series takes listeners inside our hedge fund platform. In our latest episode, Multi-Asset Strategist Adam Berger explains the challenging environment for traditional diversification and explores hedge funds as a potential solution.
Hedge fund Toms Capital Investment Management is escalating its activist campaign at Voya Financial, seeking to take its call for a strategic review directly to shareholders and pushing for the asset manager to consider a potential sale, according to a
Activist hedge fund Saba Capital, led by Boaz Weinstein (pictured), has disclosed a 5.1% economic interest in Unite Group, making it one of the largest shareholders in the UK student accommodation provider as the company accelerates property disposals and returns
Oil prices moved higher on Friday as uncertainty over plans to reopen the Strait of Hormuz continued to unsettle energy markets, with proposed restrictions on shipping through the strategic waterway raising doubts over how quickly normal crude flows can
Digital banking software provider Alkami Technology has begun a formal sale process after attracting interest from potential buyers, putting the company firmly in play as activist investor Jana Partners continues to push for a transaction, according to a report by
