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Intel
Glenview Capital Management, the $2.5bn healthcare-focused hedge fund founded by Larry Robbins, is set to meet with senior executives of CVS Health on Monday to suggest strategies for improving the company’s operations, according to a report by The Wall Street Journal.
Intel
Hedge funds investing in Chinese stocks saw a surge in performance this week, following the announcement of China’s largest economic stimulus package since the Covid-19 pandemic in 2020, according to a report by Reuters citing a Goldman Sachs note.
Intel
Activist investor Elliott Investment Management has intensified its campaign against Southwest Airlines , announcing plans to call a special shareholder meeting as early as next week in a push for significant leadership change at the airline, including the removal of Chief Executive Officer Bob Jordan, according to a report by Reuters.
Intel
Hedge funds and long-term investors surged into Hong Kong stocks on Tuesday, following the announcement of a broad stimulus package as China looks to revive its ailing economy, according to a report by ZAWYA citing a note from the prime brokerage division at Goldman Sachs.
Intel
Gold and silver are gaining significant momentum as hedge funds increase their bullish bets on the precious metals, anticipating the Federal Reserve’s upcoming easing cycle, according to trade data from the Commodity Futures Trading Commission.
Intel
Man Group Plc, the world’s largest publicly traded hedge fund firm, is implementing pass-through fees for clients of its multi-strategy hedge fund, aligning with a practice popularised by peers including Millennium Management and Citadel, according op a report by Bloomberg.
Intel
Two Sigma, the US quant hedge fund firm founded by John Overdeck and David Siegel, is in discussions with the Securities and Exchange Commission to settle a probe related to a trading misconduct case, according to a report by the Wall Street Journal.
Insights Report
This data-driven Hedgeweek report examines the rise of the multi-manager model, a key driver of hedge fund industry growth. This report, sponsored by SS&C Technologies, combines data from Hedgeweek’s survey of hedge fund managers and investors, with expert opinion to gauge the state of play in the multi-manager segment. It also looks ahead and analyses the themes, trends and technology which will have the biggest impact in the years ahead.
Intel
Steve Cohen, the founder of US hedge fund major Point72 Asset Management, is stepping away from trading to focus on overseeing the firm he established a decade ago, including remaining actively involved in investment decisions as Co-Chief Investment Officer, according to a report by Bloomberg.
Intel
Philip King’s Regal Partners Ltd has made a bid to acquire rival Platinum Asset Management Ltd. as part of its aggressive expansion, which has seen its assets more than triple in the last two years, according to a report by Bloomberg.
