US hedge fund seeks investor support to divest assets and install new board members to unlock value
Dispute over control of Dutch retailer Hunkem?ller is latest example of so-called creditor-on-creditor violence in Europe
There are anomalies, and then there are ANOMALIES
Plus, European meme stocks, Tesla’s rise and fall, and Leigh Bowery at Tate Modern
UK’s largest utility is facing a cash crunch weighed down by nearly £20bn in debt
Small traders have piled in to defence companies targeted by short sellers, in an echo of 2021’s GameStop trade
Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car maker
Odey has said he will challenge the decision through the courts
The momentum-surfing vehicles have taken off in the US with investors seeking the potential of uncorrelated returns
Plus, market turmoil hits hedge funds, gold price reaches a record high, and Women in Revolt at The Whitworth gallery
He was a heavyweight in Hong Kong finance and a hometown hero. Now he faces the possibility of jail
Managers’ favourite stocks tumble as market volatility surges
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economy
Plus, the ‘Wild West’ of family offices, star traders’ succession issues, and Renaissance Siena at the National Gallery
The huge bets on what is known as the cash-futures basis trade could amplify market shocks
Activist takes short position in French energy major as it pushes for change at rival BP
Stanley Druckenmiller has spent years quietly running his family office. Now one protégé is Treasury secretary and another is vying for Fed chair
Regulator claimed now-deceased lawyer was improperly exempt from internal rules on handling non-public information
Izzy Englander still owns 100% of one of the world’s top hedge funds
Two of the biggest names in global macro trading, Alan Howard and Chris Rokos, embody differing approaches to legacy
Norges Bank Investment Management to give $250mn mandates to external managers
Bodies representing big funds unleash lobbying offensive against global regulators’ plans
London-listed hedge fund to purchase $100mn of shares as it reports slightly higher dividend
More volatile markets set to provide interesting conditions for traders
Daniel Sundheim’s hedge fund was under water but made a windfall from Siemens Energy and Rolls-Royce trades