This hedge fund manager tells you how to generate alpha in volatile times

Greed and fear often hinder investors’ ability to think rationally. When the market goes haywire, chances of making huge losses become a real possibility as the emotional aspect comes to play. This is where quant strategies score. Quant funds rely on algorithmic or systematically programmed investment strategies. Investments in various strategies are based on multiple … Read more

WSJ News Exclusive | Western Digital Said to Be Near Settlement With Elliott Management

Western Digital Corp. WDC 1.00% is close to a settlement with activist investor Elliott Management Corp. that calls for the $19 billion company to consider more seriously splitting into two, according to people familiar with the matter. Elliott in May revealed a 6% stake in Western Digital and sent a letter calling on the company … Read more

Tiger Global’s Hedge Fund Lost 52% for the Year Through May

Tiger Global Management’s brutal year is getting even tougher, with losses at the firm’s high-profile hedge fund ballooning to 52% through May. Tiger reported the drop, which extends a 44% loss recorded through April, in a note to its investors Thursday. The firm’s long-only fund lost 20.6% in May, bringing its losses for the year … Read more

Melvin Capital to Close Funds, Return Cash to Investors

Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks last year and on wagers on growth stocks this year. In a letter to investors that was reviewed by The Wall Street Journal, Gabe Plotkin, … Read more

Starboard Loses Effort to Gain Huntsman Board Seats

Activist hedge fund Starboard Value LP’s efforts to gain a presence on the board of chemical producer Huntsman Corp. HUN -11.07% have failed. Starboard, which has an 8.8% stake in the company, was seeking four board seats, but Huntsman said shareholders had elected the company’s 10-member slate of nominees, based on preliminary vote results. Shares … Read more

WSJ News Exclusive | Consortium Including Elliott in Advanced Talks to Buy Nielsen Holdings

A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings NLSN 34.87% PLC for about $15 billion including debt, according to people familiar with the matter. Financing talks with a number of banks are progressing and a takeover deal could be completed within weeks, the people … Read more

Zendesk Terminates Deal With SurveyMonkey Parent

Zendesk Inc. said it has terminated its deal with the parent of web-survey company SurveyMonkey after its shareholders rejected the agreement at a stockholder meeting. The deal required approval from both Zendesk and Momentive Global Inc.’s investors in votes that took place on Friday. Momentive shareholders approved the deal. Source link