Renewed fighting between the US and Iran is sending another shock through global markets, with rising oil prices and a sharp increase in government bond yields threatening to complicate the outlook for hedge funds and other risk-focused investors, according to
New Mexico’s state pension fund has redeemed an estimated $100m from Two Sigma Investments, despite strong performance from the quantitative hedge fund, amid an ongoing dispute between its billionaire founders, according to a report by Bloomberg
Bobby Jain’s Jain Global generated around $1.8bn in gross trading profits during its first two years managing external capital, before completing a major shift to managing money exclusively for Millennium Management, according to a report by Bloomberg.
Hedge funds are intensifying their search for natural gas traders as Europe heads towards another potentially volatile winter, with tighter supplies and geopolitical risks creating a bigger opportunity set for energy-focused strategies, according to a report by eFinancial Careers.
Air Liquide shares jumped on Tuesday after reports that activist investor Elliott Investment Management has accumulated a position in the French industrial gases group and is pressing management to improve profitability, according to a report by Reuters.
Corn futures suffered their sharpest drop in almost three weeks on Wednesday as traders moved to lock in profits following a powerful rally that had pushed speculative positioning to its highest level in years, according to a report by Bloomberg.
CME Group has fined two hedge fund traders and suspended one of them from accessing its markets after a disciplinary panel found that they had engaged in trading practices that resulted in advantageous allocations of futures contracts.
Turkey’s capital markets regulator has introduced tighter restrictions on hedge funds, limiting their exposure to individual stocks and related-party securities as authorities seek to address concerns over market manipulation and unusually strong returns, according to a report by Bloomberg.
US regulators have postponed the implementation of expanded hedge fund reporting requirements for a fourth time, giving private fund managers more time before they must comply with additional Form PF disclosures, according to a report by Bloomberg.
Activist investor Engine Capital is pressing EPAM Systems to take decisive action to address a sharp decline in its share price, calling on the IT services company to pursue an aggressive stock buyback or consider putting itself up for sale,
