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GUNDLACH: 'Markets have been coiling' and there's one big thing that could...
To "bond king"Jeffrey Gundlach, the market hasn't simply been sitting still. It's been coiling.In other words, under a seemingly placid surface, the co-founder and CEO of DoubleLine Capital sees...
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A partner at Paul Tudor Jones' hedge fund is setting off on his own
A partner at Paul Tudor Jones' Tudor Investment Corp. is planning to leave to start his own venture.Dario Villani is planning to launch a New York-based business, people familiar with the matter told...
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Maverick Capital, a $10.5 billion hedge fund, is struggling to make money
Dallas-based Maverick Capital's flagship hedge fund hasn't made money in the first half of this year.Chief Lee Ainslie blames his short book.Ainslie says investors are confusing secular trends with...
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Wall Street traders have had a tough year — and it's eating into their bonuses
Less-than-stellar Wall Street trading results will likely have an impact on this year’s bonuses.While investment bankers will probably see big jumps in their annual bonus, securities traders likely...
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Graham Capital, a $14 billion hedge fund, has lost money in almost all of its...
Graham Capital, a $14.4 billion Connecticut-based hedge fund, is facing a tough year for performance, with 13 of its 14 strategies losing money.The firm has raised about $1.5 billion this year in fresh...
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Some of the world's largest hedge funds are getting crushed
Some of the world's largest hedge funds have lost money this year – or made barely any – even as markets have hit record highs.The funds are run by firms including Bridgewater Associates, the largest...
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John Burbank's Passport Capital, which famously shorted the subprime mortgage...
John Burbank's Passport Capital is rapidly shrinking.The firm is managing just $900 million, about half of what it did at the start of the year.In an investor letter dated July 31, the firm told...
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Dan Loeb ditched all his shares of Snap
Dan Loeb’s Third Point hedge fund, which manages roughly $17.5 billion in assets, has sold its entire stake in Snap Inc., according to regulatory filings released late Friday.The SEC filings represent...
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Viking Global, a $30 billion fund manager, dumped Alphabet
Viking Global Investors, a $30 billion hedge fund manager, sold off all of its 1.08 million shares of Google’s parent company, Alphabet, during the second quarter, according to regulatory documents...
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Hedge funds are dumping healthcare stocks
(Reuters) - Several big-name hedge fund investors trimmed their stakes in healthcare companies in the second quarter as the sector led the broad U.S. stock market higher, rallying amid a Republican...
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David Tepper dumps all his shares of Snap
Appaloosa Management, the $7 billion hedge fund founded by David Tepper, sold off all of its 100,000 shares of Snap, Inc. during the second quarter, according to regulatory documents filed Monday.The...
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Apple is moving higher after big-name money managers pile into shares (AAPL)
Apple is trading higher by 0.63% at $160.85 early Monday after regulatory filings showed big-name money managers are buying up shares.In an SEC filing on Monday, Buffett's Berkshire Hathaway disclosed...
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Massive quant hedge funds run by AQR and Two Sigma are losing to humans
LONDON (Reuters) - Big computer-driven hedge funds such as AQR Capital Management, Aspect Capital and Two Sigma lost money in the first seven months of 2017, with human stock-pickers making better...
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A secretive quant fund offered staff the rare opportunity to invest — and...
Renaissance Technologies, a secretive quant fund founded by math whiz James Simons, gave employees the opportunity to increase their stakes in the firm's flagship fund by 50% or more after President...
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BILL ACKMAN: ADP's stock could double in five years (ADP)
Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc on Thursday, saying the payroll processor needs to improve its profit margins and integrate its business...
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An ADP director has a relationship with the activist trying to shake it up —...
Pershing Square, an activist hedge fund run by Bill Ackman, recently took a stake in ADP.ADP's board includes the dean of Columbia Business School, Glenn Hubbard.Pershing Square has close ties to the...
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Billionaire Carl Icahn quits advising Trump
Billionaire investor Carl Icahn is no longer advising President Donald Trump.Icahn, who had been an unpaid adviser, announced the move on Twitter late Friday afternoon."Today, with President Trump’s...
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A hedge fund has raised $100 million to make bets based on other hedge funds
A new hedge fund has raised over $100 million and plans to use troves of data from other managers to select its investments. Epsilon Asset Management plans to scrape decades of regulatory documents to...
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Hedge funds betting on stocks are having their best year since 2009 — but...
Equity hedge funds are off to their best start to a year since 2009, but they're still trailing the S&P 500.In a market that's been largely devoid of price swings, hedge funds have been piling into...
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Gundlach fires back at report saying investors are fleeing his biggest fund
Over the weekend, The Wall Street Journal published a story that highlighted declining assets under management for "bond king" Jeffrey Gundlach's DoubleLine Total Return Bond Fund.After holding as much...
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