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Top Hedgeweek News

North Carolina · North CarolinaOngoing strategic review has resulted in divestitures generating significant proceeds, simplifying Matthews' business mix and strengthening its balance sheetSee the Story
Matthews International Provides Update on Actions to Create Shareholder Value and Addresses Director Nominations
62% Center coverage: 26 sources

London, England · LondonMillennium Management has committed more than $3bn of capital to two external hedge fund managers, continuing the $84bn AUM firm’s strategy of backing specialist teams as part of its multi-manager platform, according to a report by Bloomberg. The firm has allocated approximately $2.3bn to London-based Fulcrum Asset Management, according to people familiar with the matter. The capital will be run within Fulcrum’s equities business led by partner …See the Story
