Hedge funds news & headlines

For years, hedge funds are known to buy shares of companies set to sell themselves but the global COVID-19 pandemic has now forced funds to do the opposite, The Wall Street Journal reported. Merger-arbitrage bets Hedge funds that buy shares of a target company typically engage in what is called merger-arbitrage. A company agrees to sell itself for a set price on a set date but if the stock trades below the buyout price it presents an arbitrage op...

Starboard Value, a top-tier activist investor firm, amassed a 9% stake in Merit Medical Systems, Inc. (NASDAQ: MMSI), a manufacturer of disposable medical devices, CNBC reported. Who is Starboard and Merit Medical? Starboard boasts an impressive track record of pushing companies to change their operations. The firm boasts expertise across multiple market segments ranging from technology, cloud computing, and restaurants. The activist investor now...

Land & Buildings Investment Management is among the most notable activist investor firms in the real estate space. The fund, mostly known for establishing long positions and pushing for change, is now taking a different approach by shorting multiple New York City office owners, The Wall Street Journal reported. Potential short targets Land & Buildings is reportedly short three names, including Empire State Realty Trust Inc (NYSE: ESRT), S...

Billionaire Kenneth Griffin led prominent hedge fund, Citadel, has succeeded in protecting itself against the Coronavirus driven market crash so far as evident in its Monday’s data that showed the American global financial institution’s flagship hedge fund, Wellington, to have made a slight profit in the year through Monday. The fund relies on a multi-strategy that includes bets on commodities, bonds, stocks, and a range of other secu...

High-frequency trading (HFT) was counted on by hedge funds and other major asset managers to bring in small but consistent profits many times over. Machine algorithms would hunt the stock market for even the smallest of profits and would buy and sell stocks by the millisecond. According to The Wall Street Journal, the industry isn’t what it used to be. Size Matters The Wall Street Journal profiled Dave Cummings, one of the pioneers of HFT....

According to Corgentum Survey, private equity investors and hedge funds have pledged to expand on the resources directed at ensuring alternative data compliance. Almost 83 private equity investors and hedge funds have partnered to allocate more resources to the meticulous evaluation of compliance procedures. The evaluations are expected to focus on the use of research by the alternative investment managers that are conducted by third-parties incl...

Hedge funds could be missing out on asset diversification. Hedge funds lack long-term returns that could prove diversification as managers highlight shorter-term performance. Now, local hedge finds are slowly cleaning up their acts to be more appealing to the ordinary investors. However, hedge funds still have a long way to go before financial advisors, and investment platforms make them readily accessible. Hedge fund managers believe they are mi...

Japan has embarked on a discreet bid to woo hedge funds away from the crisis-hit Hong Kong. This week, Japan dispatched a delegation to the city on a 48-hour mission to persuade money managers to consider Japan. Government officials have organized a flurry of meeting between finance executives from Tokyo and dozens of Hong Kong hedge funds with an unofficial but explicit blessing of Tokyo governor- Yuriko Koike. Careful not to be seen as exploiti...

All fingers are pointing at hedge funds after Japan’s government bond prices dropped. The bond prices reverberated around global debt markets. Benchmark bonds in Germany, U.S., and the UK have all taken a tumble in recent weeks. An unusual rise of optimism about the global economic outlook has boosted equities drove bond prices. However, the sharp price falls in a typically tranquil Japanese government bond market have stood out. Some analy...

Short-sellers build up £180m short position

The Protos hedge fund will invest in bitcoin, ether and Litecoin in addition to upcoming ICOs. The PRTS token will be treated as a security by the SEC.

Gold Dips as Investors Wait For Fed Clues in Interest Rates