(Hedgeweek) Lyxor Asset Management has appointed Dan Rizzuto as Head of Business Development of its US-based business, Lyxor Asset Management Inc (Lyxor Americas). To read ths article:

(Bloomberg) The hedge fund shakeout is still unfolding with “many more” closures coming, according to Ilana Weinstein, chief executive officer of IDW Group. “This is far from over,” Weinstein said in a Bloomberg Television interview on Monday. “I don’t think […]

(Bloomberg) RattanIndia Power Ltd., a electricity generator backed by hedge fund Farallon Capital Management, is close to restructuring about $500 million of stressed loans, according to people with knowledge of the matter. The company, which is building coal-fired power plants […]

(Bloomberg) UniCredit SpA settled a dispute with a London hedge fund that had accused the Italian bank of boosting capital strength by misclassifying certain securities. UniCredit’s so-called CASHES notes were issued in 2008. Caius Capital in May said the bank […]

(Bloomberg) Pierre Andurand, one of the oil market’s last remaining hedge fund managers, suffered further losses in November, putting his fund on the cusp of the first annual decline since its inception five years ago. The Andurand Commodities Fund fell […]

(eFinancial) Over the last two years in particular, quantitative hedge funds have begun integrating artificial intelligence and machine learning as part of their strategies. Two Sigma, Citadel, AQR and Man Group come to mind as some of the more notable […]

(Bloomberg) Just Eat Plc, the U.K. food delivery company, is facing calls by a shareholder to speed up its decision-making and consider the sale of non-core assets. Cat Rock Capital Management LP recommended Just Eat’s board considers selling its minority […]

(Bloomberg) ABB Ltd, the sprawling Swiss industrial giant, is lopping off its biggest limb to try to help simplify its conglomerate structure. CEO Ulrich Spiesshofer had previously resisted demands from the activist investor Cevian Capital to separate its power grids […]

(CNBC) The Federal Reserve should halt its interest rate increases as recent developments in the markets and economy signal caution, hedge fund manager Stanley Druckenmiller said in a commentary for The the Wall Street Journal. To read this article:

(Reuters) – The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won’t be long before rate cuts are on the table. To […]

(Reuters) – Gold prices inched lower on Monday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on U.S. interest rate hikes from a Federal […]

(Hedgeweek) Hedge funds continued to decline in December, largely driven by L/S Equity (and to some extent CTAs), according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article: