29 Dec 2023
US dollar hits multi-week low amid rate cut expectations
The US dollar continues its downward trajectory, hitting a multi-week low, influenced by market anticipation of an early Federal Reserve…
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Activist investor Ancora seeks Harmonic board challenge
Activist investor Ancora Holdings is preparing to challenge for seats on the board of directors of Harmonic, in a push to get the streaming…
Man Group makes private credit push
Man Group is planning on more acquisitions and hiring new team members, as part of a push towards private credit, according to a report by…
28 Dec 2023
US short-term financing rate spikes
A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move some…
Brazil hedge fund switches to currency bets on cautious central bank
Genoa Capital, a Brazilian hedge fund with $3.8bn in assets under management, says it’s time to bet on the nation’s currency and stocks as…
Emerging markets hedge funds surge as inflation falls
Emerging Markets hedge funds surged in late 2023 on falling inflation, interest rates, and a weakening US dollar, with EM hedge funds…
27 Dec 2023
Hedge funds seek double-digit returns in 2024 after year of outflows
A steady rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they fight to staunch investor…
FTSE 100 rises from Christmas slumber
FTSE 100 has opened higher after festive break, with miners on the front foot, according to a timely report by Hargreaves Lansdown.The…
BioMarin settles with Elliott
BioMarin has reached a settlement with activist investor Elliott Investment Management with the biotechnology company agreeing to add three…
Ex-BlackRock Manager to lead new hedge fund
David Tovey, who was a BlackRock fund manager until 2021, is part of a team that plans to launch a hedge fund based in London and Zurich in…
22 Dec 2023
Credit investing with edge
Radcliffe Capital Management has always pursued strategies that identify meaningful mispricing where the Principals of the firm invest…
BlueCrest loses partner pay tax appeal
Billionaire Michael Platt’s hedge fund-turned family office BlueCrest Capital has largely lost a legal battle at the Court of Appeal in…
SS&C GlobeOp Forward Redemption Indicator rises to 3.64%
The SS&C GlobeOp Forward Redemption Indicator, which represents redemption notices received from investors in hedge funds administered…
Cboe to offer daily expiries for Russell 2000 Index options
Derivatives and securities exchange network Cboe Global Markets is to launch Tuesday and Thursday-expiring Russell 2000 Index weekly (RUTW)…
21 Dec 2023
3AC founders hit with $1.4bn worldwide asset freeze
The founders of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC) have been hit with a worldwide freeze on $1.14bn of assets…
