(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world’s biggest companies. The group has taken on the likes of GSK Plc, Glencore Plc, Vivendi SE and Danone SA while owning minor stakes, as well as attempting to oust …
Factbox-Activist investor Bluebell’s offensive against European giants heats up Read More »
By Davide Barbuscia NEW YORK (Reuters) – BlackRock’s iShares exchange traded funds (ETFs) gained more net flows than Vanguard’s ETFs last year, according to estimates from industry tracker Morningstar, putting the world’s biggest asset manager in the lead for the first time since 2019. BlackRock and Vanguard are the world’s two biggest asset managers as …
BlackRock’s iShares flows top Vanguard’s ETFs, fixed income on the up Read More »
By Chris Taylor NEW YORK (Reuters) – When Lauren Hopkins snagged a gig in student affairs at Virginia Commonwealth University in Richmond, Virginia, she figured she knew whom to thank. After all, a close friend of hers was best buddies with the hiring manager. It had to be him, right? Nope. Turns out her “mystery …
Strength of ‘weak ties’: How casual contacts can boost your career Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are bracing for volatility in U.S. bank shares days ahead of an earnings season many believe will bring lower profits and reflect worries over an expected recession. Current market positioning signals a gloomy outlook: The one-month moving average of open puts on the Financial Select …
Analysis-With banks’ results on tap, options traders prepare for volatility Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Some hedge funds that bet on macroeconomic trends boasted eye-popping double and even triple digit gains for 2022, investors said, while other prominent firms that were long on technology stocks got clobbered with deep losses in volatile markets. Rokos Capital, run by Chris Rokos and one of a handful …
Macro hedge funds end 2022 on high, many others lose big, investors say Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -An investor with a large stake in Venator Materials Plc has asked for board seats, criticizing the chemical company’s poor financial performance and a 96% drop in its share price, in a letter it sent to the board on Tuesday. J&T MS 1 SICAV owns 14.3% of Venator and …
Venator Materials’ investor pushes for board change amid plummeting stock price Read More »
By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again, becoming the latest Wall Street heavyweight to do so as the country rapidly dismantles two years of tight COVID-19 restrictions. The bank’s moves included raising its Chinese economic growth forecast 0.3 percentage points to 5.7%, …
Morgan Stanley bumps up China growth, stocks and yuan forecasts Read More »
By Nell Mackenzie (Reuters) – Investment management firm AQR’s Absolute Return Strategy in 2022 saw its best year since its inception since 1998, a source with knowledge of the matter said on Friday. The $100 billion firm AQR reaped top performances from several of its strategies, taking advantage of strong trends across futures and markets …
Investment management firm AQR books best year in several strategies Read More »
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood’s Ark Invest sold 403,990 shares of embattled crypto-focused bank Silvergate Capital Corp on Thursday as shares in the firm plunged more than 40%, according to disclosures by Ark Invest. The selling nearly liquidated the firm’s share holdings and came from the $645 million …
Wood’s Ark Invest nearly liquidates Silvergate Capital position Read More »
(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global capital markets, a source familiar with the matter said on Thursday. The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world’s biggest electronic-trading firms, brought in $7.5 …
Citadel posts record revenues for hedge fund, securities ops in 2022 – source Read More »
