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UK court rules South African government does not owe compensation for recovery of $43mn worth of silver bars

Macro firm shedding around 100 jobs after difficult 2023

Firm headed by Andrew Law finishes 2023 down 9% in its Macro fund

Prosecutors alleged manager of Glen Point Capital had attempted to artificially move dollar-rand exchange rate

US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt

The huge bets on what is known as the cash-futures basis trade could amplify market shocks

Evolution Capital Management says in court filings it believes Robert Gagliardi told banker, ‘I know who my daddy is’

Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says

The 75-year-old owner has no intention of retiring but has emphasised the firm’s transition to shared leadership

Billionaire’s decision to focus on his Point72 firm underlines redemption since predecessor SAC’s insider trading scandal