Undercover Hedge Funds

The undercover hedge funds financing activist short sellers

When Wall Street’s self-styled financial detectives allege malfeasance, these silent partners stand to reap the benefits

Business - Financial Times - 6 hours ago

Southwest Strikes a Truce With the Activist Hedge Fund Elliott

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.

Business - The New York Times - October 25

How Thames Water became a battleground for hedge funds

Rival groups of bondholders are vying to extend loans to the troubled UK utility

Business - Financial Times - 5 days ago

This Hedge Fund CEO Extols the Virtues of Challenging Conversations in the Workplace

Robyn Grew, the first woman and openly gay CEO of Man Group, says its diversity is an advantage.

Business - Inc. - October 28

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - November 5

Hong Kong cracks down on how banks and hedge funds discuss block trades

Regulator brings in new measures after launching criminal insider dealing case against Segantii Capital Management

Business - Financial Times - October 31

Trump victory hands hedge funds $1.2bn win from bet against renewables

Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaks

World - Financial Times - November 8

Hedge funds performed better under Democratic presidents than Republican ones, history shows

Hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR.

Business - CNBC - 2 days ago

Tesla is new pick for Daniel Loeb’s Third Point, as hedge fund ditches Uber

Out with Uber, in with Tesla for Daniel Loeb’s Third Point.

Business - MarketWatch - 12 hours ago

‘Death trap’ Channel boats traded by smugglers in Germany, BBC investigation finds

A €15,000 package deal for a dinghy, engine and 60 life jackets was offered to our reporter in Essen.

Smuggler selling ‘fast track’ Channel crossing speaks to BBC undercover reporter

More migrants from Vietnam than any other nation are taking small boats to the UK.

America’s Allies Are Hedging, and It Has Very Little to Do With Trump

The United States can no longer depend on the loyalty of its friends.

Top stories - The New York Times - 4 days ago

Simone Strobel inquest hears boyfriend of backpacker found dead ‘twigged’ to undercover police officer

Det Sgt David Mackie says he believed Tobias Moran knew police were likely secretly recording him. Follow our Australia news live blog for latest updates Get our breaking news email , free ...

World - The Guardian - 2 days ago

Games VC funding is stabilizing, but growth-stage funding is up | Konvoy

Konvoy has published its latest report on venture capital funding in the gaming industry, which shows signs of normalizing.

Tech - VentureBeat - October 16

Public Investment Fund’s desert mirage

Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting up

World - Financial Times - October 30

US unveils sanctions targeting Hezbollah funding

The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...

Politics - The Hill - October 16

GOP senators push for more FEMA funding

A group of GOP senators announced legislation Wednesday to replenish a critical disaster relief fund as members on both sides have sounded alarm over its finances amid back-to-back hurricanes. The ...

Politics - The Hill - October 16

Unequal school funding hobbles the American dream

The next administration must act on disparities in education resources and teaching quality that choke social mobility

World - Financial Times - October 17

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Pension fund use of ETFs surges in Europe

Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock

World - Financial Times - October 18

The index fund cushion is an equal opportunity booster for stocks

S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.

Business - CNBC - October 20

The funding crisis threatening England’s special needs education

Cost of specialist school places is placing huge financial strain on cash-strapped councils

World - Financial Times - October 21

NHS will not fund new drug to slow Alzheimer’s

A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

Investment funds circle visual effects group Technicolor

The Paris-based moviemaking tech company is holding talks over a potential sale

Business - Financial Times - October 24

Chancellor sets out new funding for extra NHS appointments

The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Levellr raises funds for tools to manage Discord communities

Levellr has raised $1.75 million for its community management and insights tools used by companies to manage Discord communities.

Tech - VentureBeat - November 1

Trump wins tip scales for GOP on government funding

Republican electoral wins in both the presidential race and the Senate are changing the game on government funding, as Congress braces for a battle over federal spending when lawmakers return next ...

Politics - The Hill - November 8

Fund manager Terry Smith’s pay falls to £28mn

Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker Nvidia

Business - Financial Times - 3 days ago

Morning Report — Congress starts the funding sprint

In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...

Politics - The Hill - 3 days ago

Pharmacies vote to cut opening hours in funding protest

Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.

EU governments struggle to fund green transition

Investors in Czech solar parks threaten to sue Prague over planned cuts to subsidies for photovoltaic installations

World - Financial Times - Yesterday

Britain’s bold plan to create super funds

The case for consolidating the UK’s sprawling pension arsenal is strong

Business - Financial Times - 17 hours ago

U.S. warns Israel to boost Gaza aid or risk losing weapons funding

The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...

Revealed: International ‘race science’ network secretly funded by US tech boss

Group promoting ‘dangerous’ scientific racism ideology teamed up with rightwing extremist, recordings reveal. ‘Race science’ group say they accessed sensitive UK health data . An international ...

World - The Guardian - October 16

Magic Leap founder is back with $20M funding round for SynthBee

SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of "computing intelligence."