Liquid Alternatives News

Daniel Loeb’s hedge fund, Third Point, is building a position in consumer healthcare company Kenvue, according to a report by the Financial Times citing sources familiar with the matter, adding fresh momentum to investor calls for strategic changes at the $44bn firm.

Ukraine and a group of creditors led by hedge funds Aurelius Capital Management LP and VR Capital Group have failed to agree on the restructuring terms for $3.2bn worth of debt linked to economic growth, ahead of next month’s payment, according to a report by Bloomberg.

Andurand Capital’s flagship commodities hedge fund has deepened its losses this year, dropping 52% year-to-date after a sharp April selloff driven by mounting global trade tensions, according to a report by Bloomberg.

Bearish bets on South Korean memory chipmaker SK Hynix have surged to unprecedented levels, as investors grapple with rising trade tensions and renewed skepticism over the AI-driven chip rally, according to a report by Blooberg.

Kodai Capital Management, an equity-focused hedge fund backed by Millennium Management, is returning capital to all of its investors having only recently opened to external capital, according to a report by Bloomberg citing unnamed sources familiar with the situation.

Hedge funds are aggressively unwinding positions in consumer discretionary stocks, signalling rising concerns about a potential economic slowdown in 2025, according to a recent Goldman Sachs prime brokerage note seen by Reuters.

Activist hedge fund Elliott Management is turning up the pressure on BP, calling for a dramatic tightening of capital discipline and a sharper focus on free cash flow generation, as it raises its stake in the UK energy giant to over 5%, according to a report by the Financial Times.

As hedge fund activism surges across global markets, JPMorgan Chase is significantly expanding its shareholder engagement and activism defence capabilities, with the firm adding two MDs to its global shareholder engagement and M&A capital markets group, according to a report by Reuters.

Hedge funds pared back their exposure to the ‘Magnificent Seven’ tech megacaps to the lowest level in two years last week, signalling a sharp tactical retreat ahead of a high-stakes earnings season, according to a report by Reuters citing a client note from Morgan Stanley.

Trump Media & Technology Group (TMTG), the media company behind Truth Social and majority-owned by Donald Trump, has called on the US Securities and Exchange Commission (SEC) to investigate what it alleges may be “suspicious” short selling activity in its stock, according to reports.

A growing number of hedge funds have trimmed their dollar positions this week, after National Economic Council Director Kevin Hassett said on Friday that Donald Trump is studying whether he’s able to fire Fed Chairman Jerome Powell, according to reports by Bloomberg.

Activist hedge fund Engine Capital has officially launched a proxy battle at ride-hailing firm Lyft, nominating two independent candidates to the company’s board in an effort to push for governance reform and improved shareholder returns, according to a report by Reuters.

Greenlight Capital delivered a strong 8.2% return in Q1 2025, significantly outperforming the broader hedge fund universe and the S&P 500, driven largely by a concentrated bet on gold, according to a report by Reuters citing founder David Einhorn’s latest investor letter.