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Here's what David Einhorn just presented at one of the biggest hedge fund...
David Einhorn presented his short thesis for Core Labs at the Sohn Investment Conference in New York City on Monday, arguing that Wall Street has been getting the story wrong on the company since...
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A $30 billion hedge fund's market-making arm just made a big purchase
Two Sigma Securities, the market-making affiliate of the $30 billion hedge fund firm, is growing its brokerage business.The New York-based firm is acquiring the US options-market-making business of...
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A new high-profile hedge fund has just made a big hire
A high-profile newly launched hedge fund has hired a 15-year Deutsche Bank veteran.Ben Melkman's Light Sky Macro, a New York-based macro hedge fund, hired Jérôme Saragoussi as director of trading...
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David Einhorn's GM timing is terrible (GM)
Between General Motors' management and board of directors and activist hedge fund Greenlight Capital, the battle lines have now been clearly drawn going into GM's shareholder meeting early next...
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Seth Klarman's Baupost made a near $500 million bet (QCOM, QRVO)
Baupost Group invested nearly half a billion dollars in semiconductor company Qorvo in the first quarter, a regulatory filing shows.The Boston-based hedge fund firm invested about $493 million in the...
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A UK hedge fund made a $500+ million bet on Wells Fargo (WFC)
UK-based hedge fund firm Lansdowne Partners invested more than half a billion in Wells Fargo in the first quarter.The fund invested about $544 million in the bank during the first three months of this...
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UBS has hired one of Wall Street's most senior women to oversee $600 billion
UBS' asset-management arm has hired Suni Harford as its head of investments.Harford will oversee about $600 billion and about 500 investment staffers from New York, according to a press release.Harford...
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A $16 billion activist investor is reportedly handing over the reins to the...
ValueAct's Jeff Ubben is handing power over to the next generation – protégé Mason Morfit, according to The Wall Street Journal.Morfit, 41, is currently the fund's president and will become the $16...
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Billionaire Steve Cohen hired 2 investors from the CIA's secretive VC fund...
Billionaire Steve Cohen has opened a Palo Alto office to invest in early-stage companies focused on big data and machine learning, and he has hired two people who invested on behalf of the CIA.The two...
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Hedge funds that bet on Silicon Valley are crushing it
A string of technology-focused hedge funds are having a strong start to the year.Among them:Light Street Capital Management's $930 million Halogen fund is up 28.5% this year through the end of April,...
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A struggling hedge fund has reportedly suffered about $1 billion in outflows
Brevan Howard Asset Management, once a titan among hedge funds, has suffered about $1 billion in outflows, according to a Bloomberg News calculation based on recent investment letters from the firm.The...
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Meet the 9 hedge fund managers who made the most money in 2016
2016 was a tough year for hedge funds. The industry as a whole only delivered a 5.4% return for clients, well below the S&P 500's return of 11.9%, according to data from eVestment.Poor performance...
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Here are the biggest bets made by top hedge funds in the first quarter
Here they are: The darlings of hedge fund stock pickers. S&P Global Intelligence has released its Hedge Fund Tracker, which takes a look at the holdings of the ten largest pure play hedge...
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Brazilian markets are getting slammed, and Wall Street firms are hurting (EWZ)
Brazil's markets are getting slammed as a political scandal unfolds involving alleged bribery and the country's president.And some of the biggest firms in finance are potentially getting hurt.The...
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'All honeymoons end': Hedge funds are moving on from the Trump trade
LAS VEGAS, May 18 (Reuters) - Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling.After...
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Hedge fund manager Lee Cooperman has settled with the government
Lee Cooperman has settled insider trading charges with the Securities and Exchange Commission for $4.9 million, the Financial Times is reporting.Last year, Cooperman, the founder of Omega Advisors, was...
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Traders can make a killing chasing the 'smart money'
To profit from the stock market, be sure to follow the "smart money." Just figure out where hedge funds are investing, and then do the same.It's a strategy that would have worked this year if executed...
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GOLDMAN SACHS: These are the 14 VIP stocks that matter most to hedge funds
It's a good time to be a hedge fund.The stocks most widely held by large speculative financial institutions are beating the S&P 500 by almost 4 percentage points this year, on pace to exceed last...
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2,000 Wall Streeters just had a meeting in Las Vegas, and they all kept...
One distinct noise dominated the biggest Wall Street conference of 2017. It wasn't the "Wolf of Wall Street" types screaming at the craps table, or the plink-plink-plink of slot machines as dad-bros...
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Algos could trigger the next stock market crash
Quant-focused hedge funds – they specialize in algorithmic rather than human trading – gained $4.6 billion of net new assets in the first quarter, and now hold $932 billion, or about 30% to the $3.1...
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