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Hedge funds up convertible arbitrage exposure

TOP STORY: Man Group, the world's largest listed hedge fund, is among a number of investment firms increasing their exposure to convertible arbitrage, which seeks to capitalise on price discrepancies between a convertible bond and its underlying stock, according to a report by Bloomberg.

Hedge Funds Return to Convertible Bond Trade With Checkered Past

Hedge Funds Return to Convertible Bond Trade With Checkered Past
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Crystalline Management Inc Takes Position in Clean Energy Special Situations Corp (NASDAQ:SWSS)

Crystalline Management Inc. bought a new stake in shares of Clean Energy Special Situations Corp. (NASDAQ:SWSS – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 80,000 shares of the company’s stock, valued at approximately $844,000. Separately, Linden Advisors LP purchased a new […]

NIO (NYSE:NIO) Shares Down 5 1%

NIO (NYSE:NIO) Shares Down 5 1%
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Inflection Point Acquisition Corp II (NASDAQ:IPXX) Position Increased by Wealthspring Capital LLC

Wealthspring Capital LLC boosted its stake in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX – Free Report) by 3,514.9% during the 4th quarter, Holdings Channel reports. The firm owned 900,838 shares of the company’s stock after acquiring an additional 875,918 shares during the quarter. Inflection Point Acquisition Corp. II comprises approximately 12.2% of Wealthspring […]

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