Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,105.17
    +26.31 (+0.33%)
     

  • Bitcoin USD

    64,223.14
    +585.18 (+0.92%)
     

  • CMC Crypto 200

    1,388.39
    -8.15 (-0.58%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,359.10
    +16.60 (+0.71%)
     

  • Crude Oil

    84.00
    +0.43 (+0.51%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Activist Blue Harbour's main fund up 6.3 percent this year: sources

Reuters

NEW YORK (Reuters) - Activist investor Blue Harbour's main fund has risen 6.3 percent year to date, boosted in part by a surge in cloud services provider Rackspace Hosting Inc's shares, according to people familiar with the matter.

Rackspace, where Blue Harbour holds a 9.4 percent stake, has seen its stock jump 35 percent since reports surfaced in July that it was in talks to be bought. The company said on Aug. 26 that it agreed to be acquired by Apollo Global Management for $4.3 billion.

Blue Harbour manages $3.3 billion. The firm declined to comment on Wednesday.

(Reporting by Michael Flaherty; Editing by Lisa Von Ahn)