Monthly Archives: September 2024

(Hedgeweek) Morgan Stanley is targeting hedge funds as part of renewed efforts to reclaim its top position in stock trading, a title it lost to Goldman Sachs following the collapse of Archegos Capital Management in 2021, according to a report […]

(Hedgeweek) Activist investment firm Elliott Investment Management now owns 10% of Southwest Airlines’ common stock, surpassing the threshold required to call a special meeting at the airline, according to a report by Reuters citing an unnamed source familiar with the […]

(CNBC) British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering. In a trading update, Zilch, which competes with the likes […]

(Hedgeweek) Hedge funds are increasingly stepping in to help banks manage the risks associated with deal contingent trades, a complex derivative sold to corporations and PE firms to hedge against market fluctuations during major mergers and acquisitions, according to a […]

(CNBC) U.S. stock futures were little changed Monday night as traders braced for a potentially tough month ahead after a strong but volatile August. Futures tied to the Dow Jones Industrial Average slipped 63 points, or 0.1%. S&P 500 futures fell marginally, and Nasdaq-100 futures eked […]

(Hedgeweek) Despite strong industry performance this year, a significant portion of hedge funds have yet to fully recover from the steep losses experienced in 2022, according to a report by Institutional Investor. To read this article:

(Hedgeweek) The University of Houston System’s endowment management committee has approved a $20m investment in the Broad Reach Master Fund, an emerging markets-focused global macro hedge fund, according to a report by Pensions & Investments. To read this article:

(Hedgeweek) Pershing Square Capital Management founder Bill Ackman is attempting to revive the initial public offering (IPO) of his investment fund, Pershing Square USA, by offering additional incentives to attract early investors, according to a report by the Financial Times […]

(Hedgeweek) Losses incurred during escalating market volatility in early August prompted Millennium Management, Balyasny Asset Management, and BlueCrest Capital Management to halt the operation of at least six traders and their investment pods, according to a report by Bloomberg. To […]

(Hedgeweek) Hedge funds have maintained their bearish stance on banking and financial stocks, continuing to place bets against these sectors during the week ending last Friday, according to a report by Reuters citing a note from Goldman Sachs’ prime brokerage […]

(Hedgeweek) Hedge funds have maintained their bearish stance on banking and financial stocks, continuing to place bets against these sectors during the week ending last Friday, according to a report by Reuters citing a note from Goldman Sachs’ prime brokerage […]

(HedgeCo.Net) The Securities and Exchange Commission has charged Denver-based Spruce Power Holding Corporation, the successor to XL Fleet Corp., for misleading investors about revenue projections that topped $1 billion within three years of going public. XL Fleet, which provided hybrid […]