19 Aug 2024
Hedge funds bullish on yen following carry trade unwind
Hedge funds have flipped their stance on Japan’s currency, turning bullish on the yen for the first time since 2021 following significant…
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Bridgewater cuts China exposure with seventh quarter of stock bet reductions
Bridgewater Associates, the world's largest hedge fund, has continued its significant reduction in exposure to Chinese stocks, selling off…
Yen carry trade regaining traction with hedge funds
A yen-focused carry trade that contributed to recent market turmoil as investors moved to unwind positions following a number of hawkish…
16 Aug 2024
Citadel and DE Shaw cut Nvidia holdings ahead of market dip
Hedge funds Citadel and DE Shaw significantly reduced their holdings in Nvidia, while Renaissance Technologies and Marshall Wace increased…
Activist Trian raises £181m from Unilever share sale
Trian Fund Management, the US-based activist hedge fund firm led by Nelson Peltz, has cut its stake in British consumer goods giant…
Scion AM ups Alibaba stake while halving overall portfolio
Scion Asset Management, the hedge fund firm led by Michael 'The Big Short' Burry, increased its investment in Chinese e-commerce and retail…
Sachem Head ups CVS Health stake
Sachem Head Capital Management, the hedge fund firm led by Scott Ferguson, significantly increased its investment in CVS Health Corp during…
Elliott ramps up Southwest Airlines pressure
Activist hedge fund firm Elliott Management is intensifying its challenge to the management of Southwest Airlines by launching a proxy…
In conversation: Theodore Katramados, Director & Associate Portfolio Manager at TAG Associates
Ahead of the Hedgeweek US Leadership Summit, Theodore Katramados, Director & Associate Portfolio Manager at TAG Associates, talks to us…
Quants set to move back into stock buying mode after recent sell-off
With the largest sell-off in US equities since the pandemic now behind them, trend-following quant funds are gearing up to re-enter the…
TOMS Capital’s activism spurs Kellanova’s $35.9bn sale to Mars
Global confectionery giant Mars will acquire Kellanova for $35.9bn in cash, following months of engagement with Benjamin Pass’s activist…
15 Aug 2024
Ex-Goldman Sachs partner secures Hong Kong license for Millennium-backed hedge fund
Hong Kong's Securities and Futures Commission has granted a new license to Pamalican Asset Management, a new hedge fund that will…
Increasing numbers of investors planning to cut hedge fund allocations
The number of institutional investors planning to reduce their portfolio exposure to hedge funds is on the increase, according to…
Baupost cuts Alphabet stake and acquires Humana
Baupost Group, the hedge fund firm led by value investing expert Seth Klarman, has significantly reduced its stake in Alphabet, the parent…
Super Micro Computer ousts Tesla as Americas' most shorted
Super Micro Computer has replaced Elon Musk's EV-maker Tesla as the most crowded security in the Americas, a position it has held since…
