Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bessent Says He Divested From Soybean Farms After Ethics Office Warning
Treasury Secretary Scott Bessent said on Sunday that he divested from his holdings of thousands of acres of North Dakota soybean farmland last week to comply with his federal ethics agreement. The move will separate Mr. Bessent from properties that…
US Treasury Secretary Scott Bessent says he has divested his soybean farm
US Treasury Secretary Scott Bessent, a major figure in implementing US President Donald Trump's economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean farm to comply with the ethics agreement…
Sticker shock and billion dollar deals puts WiseTech in the balance
Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? The annual meeting of WiseTech Global shareholders in November was an emotional affair for chairman Richard White. The billionaire software…
DroneShield's loyal retail shareholders buy the dip after massive drop
DroneShield's loyal base of retail investors has piled into the former sharemarket darling over the past month after a plunge in the defence stock and as hedge funds ramp up bets against the company. DroneShield shares plummeted about 50 per cent…
From Chat Room To Capital: How Two Retail Traders Revolutionize Investment Landscape With Discord-Based Fund
A group of retail traders have transformed their Discord chat into a fully operational investment fund. What Happened: The investment fund, dubbed Enders Capital, was initiated by two traders who crossed paths on Discord, a platform that has…
What it's like to work over the age of 80
Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. There are many ways to acknowledge your company's standout workers, but what about giving them a Porsche? How about an all-expenses paid…
Berenberg Bank Has Lowered Expectations for PPG Industries (NYSE:PPG) Stock Price
PPG Industries (NYSE:PPG - Get Free Report) had its price objective decreased by equities researchers at Berenberg Bank from $131.00 to $110.00 in a research note issued on Thursday, MarketScreener reports. The firm currently has a 'hold' rating on…
Larry Stemerman, Tommy Hilfiger's Partner in People's Place and CEO of Tailorbyrd, Dies
Larry Stemerman, a longtime fashion executive and chief executive officer of Tailorbyrd, a classic menswear company, died Thursday at age 73. According to his family, Stemerman “had a lifelong kidney disease that he fought courageously…
VC Roundup: Big money, few deals as crypto venture funding dries up
Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established…
Burgundy Asset Management Ltd. Invests $93.72 Million in PPG Industries, Inc. $PPG
Burgundy Asset Management Ltd. bought a new stake in PPG Industries, Inc. (NYSE:PPG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 823,899 shares of…
Armstrong World Industries, Inc. $AWI is Burgundy Asset Management Ltd.'s 9th Largest Position
Burgundy Asset Management Ltd. raised its holdings in Armstrong World Industries, Inc. (NYSE:AWI - Free Report) by 3.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional…
Federated Hermes Inc. Sells 2,329,494 Shares of LyondellBasell Industries N.V. $LYB
Federated Hermes Inc. decreased its position in LyondellBasell Industries N.V. (NYSE:LYB - Free Report) by 49.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional…
GABELLI & Co INVESTMENT ADVISERS INC. Makes New $1.56 Million Investment in Chart Industries, Inc. $GTLS
GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional…
Formula Growth Ltd. Purchases New Shares in James Hardie Industries PLC. $JHX
Formula Growth Ltd. acquired a new position in James Hardie Industries PLC. (NYSE:JHX - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor…
Invesco Ltd. Sells 162,981 Shares of Applied Industrial Technologies, Inc. $AIT
Invesco Ltd. lessened its position in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 13.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,074,322 shares of the…
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