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Nomura, under the leadership of CEO Kentaro Okuda, plans to expand beyond traditional asset markets by offering a private buyout fund to wealthy investors in Japan. Meanwhile, activist hedge fund Trian has set its sights on insurer Allstate, amassing a stake in the company. Trian's move comes after it targeted a Japan rail company with a $12 billion stake in the owner of Tokyo Disneyland. These developments reflect the growing trend of hedge funds taking strategic positions in major companies.
Activist fund targets Japan rail company with $12bn stake in Tokyo Disneyland owner https://t.co/YbukjYwdoW
Exclusive: Activist hedge fund Trian targets insurer Allstate https://t.co/30CyAFe1DP https://t.co/trdDNy2alu
Peltz’s Trian Fund Management amasses stake in Allstate: report $ALL https://t.co/Cm1dUcI1X5
Activist hedge fund Trian targets insurer Allstate-sources https://t.co/5J7wG7Zq6j via @sveaherbst @davidj_french @Reuters #HedgeFunds #ActivistInvestor
Exclusive: Activist hedge fund Trian targets insurer Allstate-sources https://t.co/ilpFClopft https://t.co/ts0yCd4n4h
Exclusive: Activist hedge fund Trian targets insurer Allstate-sources https://t.co/IvfgWDA5BQ https://t.co/pbvSmbT2v2
$ALL | Allstate shares are trading higher following a report suggesting Trian Fund Management has built a stake in the company.
Activist Invest Nelson Peltz's Trian Fund Management has built a stake in Allstate $ALL
Nomura plans to offer a private buyout fund to rich investors in Japan as part of Chief Executive Officer Kentaro Okuda’s strategy to expand beyond traditional asset markets https://t.co/HjIo4aHabn