Liquid Alternatives News

Element Capital Management, the global macro hedge fund firm founded by Jeff Talpins, is planning to return around $4bn in external capital to clients as it looks to improve performance and focus on managing its own funds, according to a report by Reuters.

Global proprietary trading firm Jane Street has taken legal action against multi-strategy hedge fund major Millennium Management and two former employees over the alleged theft of trader secrets, according to a report by the Financial Times.

Hedgefonds setzten weltweit ihren Anstieg im März fort, angeführt von Makro-Strategien, die den besten Monat seit März 2022 und das stärkste Quartal seit über 20 Jahren verzeichneten, wie HFR-Präsident Kenneth J. Heinz aus dem jüngsten Report seines Hauses berichtet. Der HFRI Macro (Total) Index hat im März 3,9 Prozent zugelegt*.

Losses incurred from failed bets on telecom network Altice have prompted multi-strategy major Millennium Management to liquidate wagers made by Portfolio Manager and credit trading specialist Jason Feasey, according to a report by Bloomberg.

Opalesque Industry Update – Hedge funds extended the 1Q surge through March, led by Macro strategies, which posted its best month since March 2022 and its strongest quarter in over 20 years. Industry-wide gains were driven by trend-following CTAs, Energy, Multi-Strategy, Healthcare, and Cryptocurrency exposures, expanding the powerful 5-month return for the HFRI Fund Weighted […]

London-based activist hedge fund Bluebell Capital Partners has set its sights on BlackRock, the world’s largest asset manager, with a proposal to oust Larry Fink, the company’s Founder, from his position as Chairman, according to a report by the Wall Street Journal.

Hong Kong-based activist hedge fund Oasis Management has set its sights on Japanese cosmetics and skincare company Kao Corporation, whose brands include Molton Brown and Curél, by urging the company to divest underperformers from its portfolio.

Legal & General Investment Management (‘LGIM’), one of Europe’s largest asset managers and a major global investor, launches a new Short-Term Alternative Finance Fund (‘the Fund’) which will sit on a newly launched RAIF platform (a Luxembourg domiciled umbrella fund platform), in response to growing interest from investors.

Disney’s claims are “based on the tabulation of its proxy solicitor”, according to a press statement, although final voting tallies are subject to certification by the company’s independent inspector of elections. Preliminary and final results will be included in the company’s reports to be filed with the Securities and Exchange Commission in the coming days.

The reports cites unnamed sources familiar with the matter as revealing that Citadel Global Equities and the firm’s Tactical Trading fund performed even better than Wellington with gains of 6.3% and 7.6%, respectively, in the first three months of the year.