(Reuters) U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters. […]

(Bloomberg) Michael Grimes, Wall Street’s Silicon Valley whisperer, appeared headed for a comeuppance.It was 2012 and the humiliating stock-market debut of Facebook Inc. was spawning investor losses and lawsuits. That left Grimes — the offering’s architect and Morgan Stanley’s premier […]

(HedgeWeek) The investment team of Agilis Investment Management, a specialist multi-strategy investment manager, is to join RWC Partners.The move will see Agilis founder Clark Fenton, along with colleagues Charles Crowson and Praveen Kanakamedala, joining RWC to form the RWC Diversified […]

(Opalesque) FundRock has opened a new branch in Singapore headed by Timothy Walkley, Managing Director – Asia Markets. Tim has been involved in the investment management industry for over 20 years with a significant experience in Asian markets. He has […]

(CNBC) Stocks pulled back on Wednesday as trade worries increased while declines in Qualcomm and retailer shares also dampened market sentiment. The Dow Jones Industrial Average fell 100.72 points to 25,776.61 as Apple lagged. The S&P 500 slipped 0.3% to […]

(Opalesque) After a couple of VIX spikes earlier this month, much has been said about trade wars and global stocks. But after reaching a high of 36 on Christmas eve, the CBOE Volatility Index, aka VIX or the fear index, […]

(CNBC) When the Fed releases minutes of its last meeting on Wednesday afternoon, it risks sounding a bit hawkish. Going into that meeting three weeks ago, the Fed and the markets clearly held different views on whether the central bank […]

(Opalesque) More than half (56%) of investors globally, including 61% in the US, believe companies that demonstrate higher integrity will outperform, according to a new report on Environ­mental, Social and Governance (ESG) investment issues released today by Natixis Investment Managers. […]

(Opalesque) Managed futures posted another positive month in April with a 0.85% return according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. Nine of BarclayHedge’s 10 CTA indices had gains in April. Year to date, […]

(Reuters) – Funds that built big short positions in Italy’s leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows. Despite a looming budget showdown between […]

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for May 2019 measured 3.21 per cent, up from 2.51 per cent in April. To read this article:

(HedgeWeek) Northern Trust Hedge Fund Services (NTHFS) has been selected to provide full middle and back office fund administration services and regulatory reporting to Magnetar Capital, an Evanston, Illinois-based multi-strategy alternative asset manager with USD13.1 billion in assets under management. […]