Millennium Management is taking legal action against a Dymon Asia Capital portfolio manager in Hong Kong after she accepted a job offer from the multi-strategy hedge fund and subsequently decided to ...

AQR Capital Management is challenging the valuation behind the $8.4bn take-private of Clearwater Analytics Holdings, adding to a growing push by hedge funds to use Delaware’s appraisal process to seek ...

Trian has maintained a close relationship with Wendy’s for almost two decades. Trian co-founder Peter May spent 18 years on the company’s board, while Bradley Peltz, Nelson Peltz’s son, joined the ...

Hedge funds are stepping up bearish positions against the US dollar as investors assess Treasury Secretary Scott Bessent’s plans to contain elevated US borrowing costs and manage the government’s debt ...

Bridgewater Associates founder Ray Dalio has warned that the US could face a debt crisis within the next three years, arguing that the country’s worsening fiscal position poses risks not only to ...

Quantitative hedge funds suffered their sharpest daily decline in more than two years ton Wednesday as violent market rotations battered momentum strategies, adding to pressure on systematic managers ...

Deutsche Bank is rebuilding its energy trading franchise with a series of senior appointments, marking a significant expansion of its commodities capabilities more than a decade after the German ...

Two Sigma Investments lost a major investor in 2023 amid the long-running dispute between billionaire co-founders John Overdeck and David Siegel, according to a report by Bloomberg citing testimony ...

Hedge fund billionaire Bill Ackman and his wife, Neri Oxman, are donating 10 million shares in Pershing Square to help establish a major new brain research and rehabilitation centre in New York, ...

Singapore is stepping up efforts to protect its position as a leading Asian asset management centre, unveiling tax incentives, a new funding programme for hedge funds and more flexible visa rules as ...

Hong Kong’s proposed expansion of tax relief for investment managers is prompting hedge funds, banks and family offices to reassess their structures, compensation arrangements and hiring strategies, ...

D1 Capital Partners has emerged as the largest hedge fund shareholder in SpaceX, with the firm led by Dan Sundheim reporting a stake worth more than $21.5bn following the rocket company’s public ...