Quantitative long-short equity funds experienced their steepest losing streak since 2023 during early January 2026, with losses around 1% over a critical 10-day period. Major players like Renaissance Technologies and Schonfeld saw declines of about 4% and 3.9%, respectively, driven by crowded trades and sharp reversals in factor-based strategies. UBS highlighted one-day deleveraging events as a key cause, marking the sharpest unwinding since late 2025. This downturn follows a similar challenging period in mid-2025, signaling ongoing volatility in quant strategies reliant on momentum and factor positioning.
Mowi ASA has agreed to sell its Canada East salmon farming operations, totaling 9,000 GWT, to Cooke Inc. for CAD 225 million. This divestment aims to streamline Mowi's farming portfolio and concentrate on its main farming areas. The sale is expected ...
Sigenergy has started construction on Phase II of its Nantong Intelligent Energy Center and a new joint venture production facility with Xianghua Hardware Technology. This expansion will increase its manufacturing base to nearly 400,000 square meters...
JPMorgan Chase announced a 10% increase in its dividend alongside a new $50 billion share buyback program. This move follows the bank successfully passing the Federal Reserve's stress test, signaling strong financial health. The dividend hike and buy...
Ero Copper Corp. held its Annual General and Special Meeting of Shareholders with 82.98% of shares represented. Shareholders re-elected all ten directors, re-appointed KPMG as auditor, and approved amendments to the company's stock option and share u...
Evotec SE has introduced J.TRAIN, a new service allowing biopharma companies to deploy its proprietary continuous manufacturing technology within their own facilities. This turnkey solution combines modular cleanrooms, standard equipment, and automat...
