15 Aug 2024
Caxton makes $270m amid market turmoil
London-based hedge fund Caxton Associates has chalked a $270m gain this month leverage strategic bets on both US Treasuries and the…
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Judge approves review of payments made to Weiss execs
A comprehensive review of payments made to George Weiss and other executives at Weiss Multi-Strategy Advisers before the hedge fund's…
Hedge funds favour Amazon and Microsoft over Netflix and Meta
Recent data from Jefferies has revealed a significant shift in hedge fund portfolios, particularly within Magnificent 7 stocks, with…
Pershing Square makes first new stock bets in over a year with Nike and Brookfield wagers
Pershing Square Capital Management, the hedge fund firm led by Bill Ackman, added new companies to its investment portfolio for the first…
14 Aug 2024
Schonfeld adds Goldman Sachs strat as Lead Architect in London
Schonfeld Strategic Advisors has appointed Samuel Adams, a former Goldman Sachs Managing Director who specialised in synthetic products, as…
Hedge fund Whitebox backs Varta restructuring plan
US hedge fund Whitebox Advisors is endorsing a new restructuring plan for struggling German battery manufacturer Varta that could allow…
Broadridge appoints CTO for Front Office Trading Capabilities
Global fintech Broadridge Financial Solutions has appointed Simon Robertshaw as Chief Technology Officer for front office trading. Based in…
Brevan Howard adds to Asia credit team
Brevan Howard Asset Management has added Andrew Saxton from Dymon Capital and David Nash, who previously worked at Millennium Management…
Pershing Square hit by Chipotle sell-off
Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, is facing losses from its holding in Chipotle after the…
Paul Singer's Elliott spurs Starbucks CEO shake-up
Coffee giant Starbucks ousted its CEO Laxman Narasimhan on Tuesday morning in favour of Chipotle Mexican Grill’s Brian Niccol, following…
Mount Lucas exits Treasury positions as Fed rate cut expectations soften
Mount Lucas Management, a $1.7bn hedge fund based in Pennsylvania, has recently liquidated its long US Treasury positions, signalling a…
13 Aug 2024
Former Two Sigma Head of Platform Engineering leaves JPMorgan
JPMorgan has parted company with Camille Fournier, the former Head of Platform Engineering at hedge fund Two Sigma, who served as its…
Saba Capital's BlackRock-focused fund up 22% YTD
An activist fund at Boaz Weinstein's Saba Capital Management, which focuses exclusively on investments in BlackRock’s closed-end products,…
New York dominates US hedge fund registrations
New York is home to 12,732 hedge funds, clocking the most registrations of all US states, followed by California and Connecticut, according…
Activist Oasis proposes three strategies to enhance shareholder value at Kobayashi Pharmaceutical
Oasis Management Company, the Hong Kong-based activist hedge fund firm led by Seth Fischer, has outlined three potential strategies aimed…
