Hedge fund news covering investment strategies, fund performance, major trades, and hedge fund industry developments.
This commentary profiles short seller Fahmi Quadir's career shift from betting against stocks to activist investing in South Korea. It argues that her unique expertise in uncovering corporate fraud positions her to identify undervalued companies, suggesting her move reflects broader opportunities in the South Korean market.
Michael Burry disclosed short positions against six stocks on June 30, and most fell in value within days. Business Insider asked if his calls moved those stocks; Burry denied a 'Burry effect.' He ranks second on Substack's finance bestsellers list and has nearly 2 million X followers.
Citigroup credit traders and analysts are advising hedge fund clients to short bonds of French shipping giant CMA CGM Group. Citi argues bond prices should fall as more shipping capacity comes online and freight rates decline.
The SEC updated interpretations of 13D filings and proxy statements to require activist investors to disclose client identities, potentially exposing Gulf family offices that quietly co-invest in US activist hedge funds. The changes clarify rules after a busy six months of activist campaigns.