HEDGEFUNDS

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…]

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…]

Corporate activist investors eye Europe, Japan more in first half: Lazard

Corporate activist investors eye Europe, Japan more in first half: Lazard

Published 15/07/2020

BOSTON (Reuters) - Activist investors demanded more change at European and Japanese companies in the first half of 2020 while giving U.S. companies a pass, [more…]

Hedge fund success shaped by launch size, strong first-year returns: data

Hedge fund success shaped by launch size, strong first-year returns: data

Published 11/07/2020

BOSTON (Reuters) - Starting a hedge fund with more capital and scoring top first-year returns point to higher chances of survival in the often risky [more…]

Global hedge fund liquidations surge as coronavirus hurts returns: data

Global hedge fund liquidations surge as coronavirus hurts returns: data

Published 30/06/2020

BOSTON (Reuters) - More hedge funds went out of business during the first three months of 2020 than at any other time since 2015 as [more…]

Ackman says hedge fund up 27% year to date, dumped Berkshire

Ackman says hedge fund up 27% year to date, dumped Berkshire

Published 27/05/2020

BOSTON (Reuters) - William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus [more…]

Florida business lender accused of accounting fraud settles with SEC

Florida business lender accused of accounting fraud settles with SEC

Published 13/05/2020

BOSTON (Reuters) - Miami-area direct lending firm TCA Fund Management Group Corp and its affiliates reached a settlement with U.S. securities regulators over allegations of [more…]

Global hedge funds post April gains but still negative for the year: data

Global hedge funds post April gains but still negative for the year: data

Published 07/05/2020

BOSTON (Reuters) - Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help [more…]