Nikki Haley is on a losing streak, but donors still see her as a hedge against Trump
By Alexandra Ulmer and Gram Slattery (Reuters) – Nikki Haley finished a disappointing third in the Iowa Republican nominating contest and a distant second in New Hampshire, while in Nevada – where…
Toshiba director defends board nominees from hedge fund shareholders
By Makiko Yamazaki and Yuki Nitta TOKYO – A Toshiba Corp external director on Tuesday rejected criticism that having two shareholder representatives would skew the board, as boardroom tensions at the troubled…
Netflix, Meta dumped by hedge funds as tech sell-off continues
By David Randall and Carolina Mandl NEW YORK – Tiger Global Management, Winslow Capital Management, and Scopus Asset Management were among funds that sold all of their shares of streaming company Netflix…
Column-‘TINA’ still driving hedge funds’ bullish dollar view: McGeever
By Jamie McGeever ORLANDO, Fla. – Being long dollars will no doubt become an overcrowded trade at some point and a reversal will ensue, but for hedge funds right now, there is…
Macro hedge funds lead industry gains in April
NEW YORK – Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to perform well amid high volatility, a report by hedge fund data provider HFR…
Hedge fund Citadel posts gains in April as markets fell
By Svea Herbst-Bayliss BOSTON – Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average hedge fund returns which were in the…
Founders Of Fake “Hedge Fund” Plead Guilty To Federal Charges For Orchestrating A $4 Million Ponzi Scheme
CHARLOTTE, N.C. – The founders of a fake “hedge fund” appeared in court today and pleaded guilty to federal charges for orchestrating a $4 million Ponzi scheme, announced Dena J. King, U.S.…
Hedge funds lure biggest inflow in 7 years in Q1-HFR
NEW YORK – Investors poured $19.8 billion into hedge funds in the first quarter, the biggest inflow of money since the second quarter of 2015, lured by gains some funds are posting…
Broker TP ICAP shares jump 11% after U.S. hedge fund urges sale
– Shares of the world’s largest inter-dealer broker TP ICAP jumped as much as 11% on Wednesday after U.S. hedge fund Phase 2 Partners asked the British company to explore a sale.…
Exclusive-US Foods, pressured by hedge fund, eyes board shakeup -sources
By Svea Herbst-Bayliss – US Foods Holding Corp is interviewing potential candidates for its board as the food distributor tries to fend off a challenge from activist investor Sachem Head Capital Management,…
Canada’s top stock index shines as investors seek inflation hedge
By Alexander Schummer and Fergal Smith TORONTO – As Russia’s invasion of Ukraine disrupts the global economy and drives up oil, gold and industrial metal prices, investors are embracing Canada’s commodity-linked stock…
Abramovich’s U.S. hedge fund investments frozen- WSJ
– Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him, the Wall Street Journal reported on…
Regulators probe block trading at Wall Street banks, hedge funds- WSJ
– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, the Wall Street Journal reported, citing people…
Melvin Capital’s Plotkin eyes new cash after year of double-digit losses
By Svea Herbst-Bayliss -Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new portfolio, according…
Activist hedge fund Elliott reveals stake in U.S. utility NiSource
– Activist investor Elliott Management disclosed its stake in NiSource on Friday and said it supported the company’s decision to name a new chief executive officer, sending shares in the utility to…
Early data show January losses for stock picking hedge funds
– Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of rising interest…
Hedge Fund Legend Gives Up Huge Collection Of Stolen Antiquities
Hedge fund manager and philanthropist Michael Steinhardt surrendered antiquities worth roughly $70 million, and he has been banned for life from acquiring such artifacts in the future, the Manhattan district attorney announced…
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