27 Feb 2023
Union Pacific CEO to step down following hedge fund pressure
Lance Fritz, the chief executive officer of US railway company Union Pacific, has announced he is to step down this year after hedge fund…
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Millennium hires former Goldman HR tech specialist
Millennium Management has appointed Robert Wininger as global head of HR product management and reporting in its New York office, according…
FCC puts brakes on Standard General's $5.4bn Tegna deal
The Federal Communications Commission has ordered a hearing on hedge fund Standard General LP’s proposed purchase of broadcaster Tegna Inc,…
Adani loses $145bn in month since short seller's accusations
More than $145 billion has been wiped from the value of Gautam Adani's business empire in the month since US short seller Hindenburg…
Record interest in commodities and energy futures and options, says ICE
Intercontinental Exchange, a provider of data, technology, and market infrastructure, has reported record open interest across its global…
Digital assets prime broker FalconX expands to Singapore
Digital assets prime brokerage FalconX, whose clients include financial institutions, hedge funds, and asset managers, has expanded its…
Swarm launches on-chain tradable stocks and bonds
Swarm, a regulated blockchain platform, has launched the world's first on-chain investment offering for Apple, Tesla, and two US Treasury…
24 Feb 2023
Janus Henderson turns to hedge funds and private credit
Struggling money manager Janus Henderson is looking to hedge fund and private credit investments as part of a strategy to revive its…
Bridgewater top for staff perks
Staff at Bridgewater Associates are top of the league when it comes to employee perks, according to data from Levels.fyi, with the firm…
BFAM on road to recovery following 7.5% January gain
BFAM Partners, the Hong Kong-based investment firm founded by Benjamin Fuchs, could be on the road to recovery after a troubled 2022, with…
Shipping industry set for big year, says hedge fund boss
Tor Svelland, the boss of shipping-focused hedge fund Svelland Capital, has predicted another bumper year for the industry on the back of…
Q Securities launches AIF depositary services in Malta
Q Securities, an independent MiFID investment firm and brokerage house with offices in Luxembourg and Poland, has launched operations in…
Galaxy acquires institutional custody platform GK8
Galaxy Digital Holdings, a financial services and investment management specialist in the digital asset, cryptocurrency, and blockchain…
Investors’ need to diversify away from various market betas drives demand for residential bridge loans in uncertain market environment
The short dated residential bridge loan market is still nascent, and the market is fragmented with thousands of originators nationwide. As…
23 Feb 2023
Third Point to launch Bath & Body Works board challenge
Third Point Management, the New York-based hedge fund firm founded by activist investor Daniel Loeb, is planning to mount a board challenge…
