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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
Chinese assets of Bridgewater and Two Sigma surged despite economic downturn and geopolitical tensions
Millennium alumnus has tempered his ambitions after initially aiming for industry’s biggest ever debut
Firm headed by Andrew Law finishes 2023 down 9% in its Macro fund
Media group says Trian co-founder has not ‘presented a single strategic idea’ and questions influence of former Marvel chair Isaac Perlmutter
Buyout firms’ stranglehold over who can buy portfolio groups’ loans under threat as many lenders retrench
Portfolio manager from Izzy Englander’s firm strikes out with expected $4bn-$5bn launch
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