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The partnership between US activist Jana and Cannae might not have to look far for potential targets
Investors have punished Deutsche Pfandbriefbank for its exposure to the ailing American office market
Asset manager run by billionaire trader Chris Rokos has gained 9% this year
Concentration consternation
New regime comes after regulators punish major trading house for automated dumping of shares
Rising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
Redwheel says they are ‘in complete agreement’ that business is worth substantially more than Elliott’s offer
Swiss prosecutor raided Geneva-based Tyr last August following complaint by investor TGT
Esken considers new funding deal for struggling Southend airport in exchange for giving up control
Plus: Treasury dealer rule, stocks and bonds diverge, and Dennis Severs’ House
New registration regime ‘is primarily about principal trading firms’, says chair of regulator
Arrowstreet Capital likely to have made at least $1bn in profits on the chipmaker this year
Speculative traders have amassed a $8.7bn bet on further gains, the largest ever
Demand has been growing for multi-manager firms that charge more
Shorts stink a bit less at least
The hedge fund industry will have no choice but to adapt
Hedge fund investor says he is not distracted while looking to raise tens of billions of dollars
Currency has climbed nearly 3% this year, handing losses to speculators positioned for a decline
Clients tire of managers’ poor returns in bull and bear markets
US regulator passes rule that will force some high-speed traders and hedge funds to register as dealers
Stop fighting over who gets to perform the arb, start asking why the arb exists
Robyn Grew begins first big reorganisation at leading hedge fund by ditching well-known name and merging teams
Disgraced financier gave the rightwing party £10,000 after investigation was published
Plus, Bobby Jains’s launch, record hedge fund gains, and journeys to the moon
Best-performing managers’ punchy bets on stock markets paid off in 2023
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