(Reuters)Elliott Advisors, the hedge fund that has been pushing Dutch paint maker Akzo Nobel (AKZO.AS) to enter takeover talks with U.S. peer PPG Industries, said on Tuesday it had launched legal action to try to oust Akzo chairman Antony Burgmans. […]

(FINalternatives) Distressed investing specialist Maglan Capital gained +7.17% net of all fees and expenses in April, again outperforming broader underlying markets as well as its comparable HFRI benchmark index. The strong showing brings the event-driven investor’s 2017 year-to-date return up […]

(Reuters) Verde Asset Management SA, Brazil’s largest hedge fund, sees lingering risks that Brazilian lawmakers will further water down government efforts to streamline the social security system, a move that could hamper austerity efforts in Latin America’s largest economy. Investors […]

(FINalternatives) Just days after Paul Singer’s Elliott Management raised $5 billion in fresh capital, the activist investor has disclosed a significant stake in network software maker Gigamon and promised to speak to management about a “strategic review.” The news prompted […]

(CNBC) Sohn is the most widely anticipated hedge fund event of the year, where managers volunteer their time and best investment ideas to raise money in the fight against childhood cancer. This year the conference began with Next Wave Sohn, […]

(Harvest) When we began working in portfolio management, we were excited by the idea that everything happening in the world was reflected in the prices that went by on the ticker tape – economic data, war, peace, elections, and the […]

(FINalternatives) Investment consultancy bfinance has appointed former KPMG Corporate Finance executive Anish Butani as an infrastructure specialist on the company’s private markets team. To read this article:

(FINalternatives) The majority of professional managers favor active management and alternative investments for alpha generation as they anticipate greater volatility and lower yields throughout the remainder of this year, according to a new survey by Natixis Global Asset Management. To […]

(FINalternatives) Paul Singer’s Elliott Management has raised more than $5 billion in fresh capital in less than a week as the famed activist investor readies dry powder for opportunities that could arise from what he describes as “potential disruptions in […]

(Bloomberg) When a new hedge fund opened in Mountainside, New Jersey, a leafy suburb that still holds an annual little-league parade, few would have guessed where much of its funding came from: Chinese billionaire Cai Kui. The credit hedge fund, […]

(FINalternatives) Man Group’s board of directors faced continued pressure over executive pay Friday as more than a quarter of the public company’s shareholders objected to suggested 2016 payouts during the hedge fund manager’s annual general meeting. The company said 27% […]

(Bloomberg) Warren Buffett isn’t done criticizing hedge-fund managers for wasting clients’ money. At the annual meeting of his Berkshire Hathaway Inc. he again pressed the argument that, in aggregate, investment professionals aren’t worth their fees — and that people would […]