(Bloomberg) Activist investor Jana Partners has built a stake in Callaway Golf Co. and is urging the sporting goods company to launch a strategic review, including exploring a potential sale. The New York-based hedge fund run by Barry Rosenstein said […]

(Bloomberg) More than two months into Wells Fargo & Co.’s broad search for its next leader, a pitch to keep its interim chief is gaining a bit of steam — thanks in part to the people who don’t want the […]

(Bloomberg) New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax overhaul. To read this article:

(Opalesque) A combination of diminished returns across the hedge fund industry amid challenging market conditions for generating alpha and a continued and increased focus on performance has given rise to a shift away from more traditional hedge fund products to […]

(Hedgeweek) Global trade disputes and oil price downturns took a toll on hedge funds in May, bringing an end to the industry’s four-month run of positive returns. For the month, the hedge fund industry was down 1.47 per cent, according […]

(Forbes) When Toys ‘R’ Us filed for bankruptcy in September 2017, toy manufacturers and store workers were quick to predict that the only winners would be the lawyers. They were right. Final accounting documents filed with the bankruptcy court show […]

(Opalesque) Global smart beta adoption rates have reached a record high of 58% in 2019, 10% higher than 2018. Notably, in 2019 nearly eight in 10 (78%) asset owners have implemented, are evaluating or plan to evaluate a smart beta […]

(Reuters) – Billionaire investor William Ackman’s activist hedge fund Pershing Square Capital Management LP is opposing United Technologies Corp’s planned $120 billion aerospace merger with defense contractor Raytheon Co, a person familiar with the matter said on Tuesday. To read […]

(Reuters) – Hedge fund managers are liquidating bullish oil positions at the fastest rate since the fourth quarter of 2018 amid increasing fears about the health of the global economy. Hedge funds and other money managers were net sellers of […]

(Hedgeweek) The Eurekahedge Hedge Fund Index slumped 0.63 per cent in May as hedge fund managers struggled to generate returns during the risk-off month. To read this article:

CTA performance dips in May Tue, 11/06/2019 – 09:56 tagsTags : Surveys & research Following strong performance in March and April, CTAs struggled in May as many markets pulled back slightly from established trends. The SG CTA Index was down […]

(Hedgeweek) The Marlborough Group has strengthened its international proposition with the launch of a new risk-graded range of UCITS funds of funds domiciled in Ireland. To read this article: