(Reuters) – Japan’s Toshiba Corp (6502.T) is “severely undervalued” and should boost share repurchases, U.S. hedge fund King Street Capital Management LP said in a letter on Wednesday. To read this article:

(Opalesque) The registered investment advisor (RIA) revenues have improved compared to 2015, said a study. However, according to the study published by BNY Mellon, the assets under management (AUM) growth is predominantly driven by market performance. Further, even as firms […]

(Reuters) – Hedge fund Highfields Capital Management is shutting down amid a period of lackluster returns and as its founder said he needs a change after two decades of managing money for prominent clients including Harvard University. Jonathon Jacobson told […]

(Reuters) Och-Ziff Capital Management Group LLC (OZM.N) has reached a $28.75 million class-action settlement with shareholders who said the company misled them about U.S. probes into its involvement in alleged bribery in five African countries. The settlement with one of […]

(CNBC) Carl Icahn recently tried to destroy Cigna’s $54 billion purchase of Express Scripts by buying shares of Cigna and pushing it to get out of the deal….Icahn’s strategy, also employed by others, runs counter to this traditional merger arbitrage […]

(Harvest) September was a slightly down return month for many trend-followers as the first half of the month was range bound. Our sector indicators showed most markets not having clear trends with only some slight directional tilts. During the month, […]

(Hedgeweek) James Williams, managing editor at Hedgeweek, assesses how data analytics techniques can be used to personalise client experiences for investment managers. To read this article:

(Bloomberg) Legion Partners, a hedge fund that was seeded by the California State Teachers’ Retirement System, now controls more than 5 percent of the struggling pizza chain Papa John’s, according to a filing on Monday. The hedge fund says that […]

(Bloomberg) Two investors who formerly oversaw multibillion-dollar portfolios at Citadel are teaming up to start a hedge fund. Michael Rockefeller, who led Citadel’s health-care team in San Francisco, and Karl Kroeker, who specialized in technology investments, are launching the fund, […]

(Bloomberg) Institutional investors are becoming more involved in the $220 billion cryptocurrency market than many observers may realize. Buyers such as hedge funds have replaced high-net-worth individuals as the biggest buyers of large swaths of digital coins worth more than […]

(Opalesque) In the week ending September 28th 2018, Lyxor’s Cross Asset Research team explained that there was “no turn in sight yet in September” for hedge fund performance and alpha. Although hedge funds’ performance and alpha were honorable until the […]

(Forbes) Facebook was the most popular stock position for hedge funds heading into July according to Goldman Sachs. It was a giant money-making Silicon Valley dream come true. No one could have predicted the company’s 2Q report where management outlined […]