The $50 billion hedge fund cofounded by right-wing donor Bob Mercer has been...
Renaissance Technologies, the legendary and secretive hedge fund cofounded by conservative donor Bob Mercer, has been making a ton of money lately, and is attracting new investors.Mercer just announced...
View ArticleBridgewater, the world's largest hedge fund, faces a race against time to...
Bridgewater's Pure Alpha strategy, which managed about $75.8 billion as of the end of September, was down through that month, according to client documents.The strategy is long stocks, short bonds, and...
View ArticleWe keep hearing that billionaire hedge funder Steve Cohen has been crushing...
The billionaire Steve Cohen has been posting double-digit gains this year following a period of underperformance, according to multiple people we've spoken with.The gains come as a third-party firm has...
View ArticleThe emergence of a new kind of fund could 'radically alter' the investment...
Passive investment has exploded in popularity, putting pressure on active managers that charge higher fees.Variable pricing mutual funds are a way that active managers can charge fees on a...
View Article'The middle innings of frothy speculation': A $3.4 billion hedge fund is...
Tourbillon Capital is a $3.4 billion New York hedge fund led by Jason Karp.The fund has lost money in its flagship fund, but says despite the bull market, there are still stock-picking opportunities;...
View ArticleThe maker of one AI hedge fund panicked when he couldn't explain how it made...
Artificial intelligence has been around since the 1950s but is exploding in popularity recently, especially in the world of finance.The idea that an investor can do a bit of programming, and then sit...
View ArticleBank of America Merrill Lynch has signed on with a quant firm — and it shows...
Manoj Narang, who launched quant hedge fund MANA Partners earlier this year, has launched a subsidiary that's developing financial products based on trading data.Bank of America is using the firm's...
View ArticleLeucadia has doubled down on an investment in hedge fund Folger Hill
NEW YORK (Reuters) - Leucadia National Corp has doubled down on hedge fund firm Folger Hill Asset Management LP with a new approximately $100 million investment, according to a person familiar with the...
View ArticleOne of the hottest hedge fund launches of the year has doubled its assets in...
Hedge fund Light Sky Macro launched earlier this year with the backing of Steve Cohen, Dan Loeb and a number of other hedge fund managers.The fund had a rough start but is now in positive territory.The...
View ArticleBILL ACKMAN ON ADP: I lost the vote, but I also won (ADP)
Billionaire hedge-fund manager Bill Ackman lost his bid to get three of his own candidates on the board of ADP, the human-resources company.The vote came after a three-month testy back-and-forth...
View Article'Is it a time-bomb?': Paul Singer's Elliott Management is sounding the alarm...
Billionaire hedge-fund manager and GOP donor Paul Singer sent a letter to clients stressing the need for economic growth. He also laid out why the US needs tax reform.Republican lawmakers are planning...
View ArticleA GOP lawmaker says he's sticking it to hedge funds with a new tax rule —...
Republican lawmaker Kevin Brady introduced an amendment that would alter a long-standing tax provision called carried interest — and could raise taxes on Wall Street managers that keep holdings for...
View Article$34 billion hedge fund Elliott Management declares all the ingredients for a...
Elliott Management, one of the world's largest hedge funds, with $34 billion, told clients the ingredients for a market crash were all in place.The hedge fund was founded by billionaire Paul Singer, a...
View ArticleWe asked a top hedge-fund recruiter what it takes to get a senior-level job...
Ilana Weinstein is the founder of The IDW Group, which focuses on recruiting investment talent for all kinds of investment strategies. We asked Weinstein about the biggest trends in the hedge-fund...
View ArticleHedge funds loaded up on these 10 stocks last quarter
Tech stocks have been on fire this year, and institutional investors have taken note.According to data from Citi’s equity research group, tech stocks made up eight of the top 10 stocks held by the 50...
View ArticleA top hedge fund recruiter explains why your college major doesn’t really matter
Ilana Weinstein is the founder of The IDW Group, which focuses on recruiting investment talent for all kinds of investment strategies.We asked Weinstein about the biggest trends in the hedge-fund...
View ArticleTourbillon Capital, a $3.4 billion hedge fund that's been sounding the alarm...
Tourbillon Capital is a $3.4 billion New York hedge fund led by Jason Karp.Karp has been warning of "frothy speculation,"in the markets and has been preaching patience.The firm's flagship fund is down...
View ArticleHedge funds have run out of ideas
Hedge funds are neglecting to protect against the downside in stocks, with one hedging gauge sitting close to the lowest in five years.These funds are also seeing a near-record concentration in a small...
View ArticleHedge funds are betting billions that these 17 stocks are going to implode
One way hedge funds make money is by betting against stocks that they see running into trouble. To get a sense of some likely targets of those funds, Goldman Sachs puts together a quarterly Very...
View ArticleA top hedge fund recruiter explains the 4 most misunderstood aspects of hedge...
Ilana Weinstein is the founder of The IDW Group, which focuses on recruiting investment talent for all kinds of investment strategies.We asked Weinstein about the biggest trends in the hedge-fund...
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