Hedge Funds

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Published 01/09/2020

PARIS (Reuters) - French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital - the two biggest shareholders in French company Lagardere (LAGA.PA) - said [more…]

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Published 31/08/2020

NEW YORK (Reuters) - Berkshire Hathaway Inc’s $6.2 billion foray into Japan’s five largest trading houses may signal billionaire Warren Buffett’s expectation that inflation and [more…]

EU watchdog flags harder line on cross-border funds management

EU watchdog flags harder line on cross-border funds management

Published 20/08/2020

LONDON (Reuters) - Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets [more…]

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Published 11/08/2020

BOSTON (Reuters) - Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in [more…]

As bankers return to the office, industry body warns of new risks of bad conduct

As bankers return to the office, industry body warns of new risks of bad conduct

Published 27/07/2020

LONDON (Reuters) - Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk [more…]

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Published 24/07/2020

LONDON/ROME (Reuters) - Activist hedge fund TCI Fund Management said it has complained to the European Commission over “illegitimate expropriation” by the Italian government of [more…]

TCI sees Autostrade valuation between 11-12 billion euros-partner

TCI sees Autostrade valuation between 11-12 billion euros-partner

Published 24/07/2020

MILAN (Reuters) - Activist hedge fund TCI Fund Management, which is challenging the Italian government over the forced sale of Atlantia’s Autostrade per l’Italia (ASPI) [more…]

Cohen’s Point72 to open Warsaw office for some back office teams

Cohen’s Point72 to open Warsaw office for some back office teams

Published 17/07/2020

BOSTON(Reuters) - Billionaire investor Steven A. Cohen’s Point72 Asset Management is opening the $16.2 billion firm’s latest satellite location in Warsaw and moving some back [more…]

Proxy advisers ISS, Glass Lewis back Toshiba, recommend against dissidents

Proxy advisers ISS, Glass Lewis back Toshiba, recommend against dissidents

Published 16/07/2020

BOSTON (Reuters) - Proxy advisers Institutional Shareholder Services Inc (ISS) and Glass, Lewis & Co on Thursday recommended that Toshiba Corp shareholders elect all company [more…]

Leaf Group says one board member quits, another leaves audit committee

Leaf Group says one board member quits, another leaves audit committee

Published 16/07/2020

BOSTON (Reuters) - Leaf Group said in a regulatory filing on Wednesday that one of its board members resigned and another was removed from the [more…]