$160 billion hedge fund exec: 'We’ll probably have a much bigger shakeout...
Global markets dived during a rocky week for trading last week.Bridgewater Associates' co-CIO: "We don’t think this shakeout will be over in a matter of days."Fears over tightening central bank policy...
View ArticleA bunch of shell-shocked Wall Streeters met in paradise during the market...
A few hundred Wall Streeters met in the Cayman Islands last week as the market was melting down.No one could stop talking about the newest feature in global markets: fear of the unknown.The market is...
View ArticleA new lawsuit casts doubt on what billionaire Steve Cohen's deputies have...
A female staffer at Point72, billionaire Steve Cohen's investment firm, filed a lawsuit alleging widespread discrimination of women.Two senior men targeted in the lawsuit, Doug Haynes and Mark Herr,...
View ArticleThe world’s largest hedge fund is betting big against Europe
Ray Dalio’s Bridgewater Associates has upped its bet against European stocks to $22 billion.The world's largest hedge fund has short positions on some of the continent’s largest and most recognizable...
View ArticleChenavari, a $5.4 billion hedge fund, told investors it thinks 'we could...
Chenavari, a $5.4 billion hedge fund, warned clients that more market chaos could come."We think there is a possibility that we could experience a similar pattern as the 1987 crash," it said in a...
View Article2 veterans at $5 billion quant hedge fund PDT Partners have left
Two long-standing staffers at $5 billion quant hedge fund PDT Partners have left, according to people familiar with the matter. They are:Daniel Pugh, who headed trading operations and worked at PDT for...
View ArticleA small loophole in the new GOP tax law could be a big win for hedge funds —...
A provision in the new GOP tax law would allow hedge fund managers to dodge a longer waiting period to claim the carried interest provision.Treasury Secretary Steven Mnuchin said Wednesday that the...
View ArticleHedge funds are pulling in billions — here are the hottest strategies
Hedge funds are expected to pull in $41 billion in fresh assets this year, according to a survey by Deutsche Bank.That's a drop in the bucket for the $3.2 trillion industry, but it's striking because...
View ArticleA hedge fund that focuses solely on marijuana is crushing it
Navy Capital is a New York City-based hedge fund focused on strategic, long-term investments in public cannabis companies.While there are other asset managers and traders who trade cannabis companies,...
View ArticleElliott Management, a $34 billion hedge fund, described cryptocurrencies as...
Elliott Management, a $34 billion hedge fund, told clients that cryptocurrencies would most likely one day be described "as one of the most brilliant scams in history.""FOMO (fear of missing out) has...
View Article$34 billion hedge fund Elliott Management says a 'dénouement' is approaching...
Paul Singer's Elliott Management, a $34 billion hedge fund, is beating the drum again about an impending market crash.Elliott has long raised concerns about market conditions."If you think the human...
View ArticleJim Chanos is worried about the economy, but not because of inflation
At the Nasdaq Market Site, Business Insider Senior Finance Correspondent Linette Lopez spoke with famed short seller Jim Chanos about the reintroduction of inflation to the market for the first time...
View ArticleOne of the most senior women in the hedge fund business identified the...
Dominique Mielle was one of the hedge-fund industry's most senior women, working at $20 billion Canyon Capital for 20 years.She was the firm's only investment partner, and is one of the few senior...
View ArticleHedge funds just made a big mistake on tech stocks
Hedge funds and other large speculators made a poorly-timed decision to go net short tech stocks for the first time in 21 months.The tech-heavy Nasdaq 100 index surged 5.6% during the week in...
View ArticleThere has been a big shake-up at Citadel's Aptigon unit
There has been a shake-up at one of the billionaire Ken Griffin's stock-picking units.Rich Schimel, who headed Aptigon, a unit of the $27 billion hedge fund Citadel, and David Bonfili, formerly...
View ArticleWarren Buffett breaks down the most important lessons he learned from his $1...
Warren Buffett in 2007 entered a decade-long bet with Protégé Partners that the S&P 500 would outperform a selection of hedge funds. He won the bet late last year. In his annual letter to...
View ArticleHedge funds did something highly unusual during the market's recent meltdown...
During the recent correction, losses in the stocks most popular with hedge funds were muted, relative to the broader market.Goldman Sachs argues this is a positive sign for the health of the market,...
View ArticleBank of America has reportedly fired 2 staffers who interfered with a sexual...
Bank of America has reportedly fired at least two staffers in its prime brokerage unit after finding they had interfered with an investigation of alleged misconduct by a recently fired executive, Omeed...
View ArticleThe global head of investor relations at $28 billion investor Angelo Gordon...
Gareth Henry, global head of investor relations at hedge fund manager Angelo, Gordon, has left the firm, people familiar with the matter said.Henry left earlier this month after two years with the New...
View ArticleHedge fund billionaire David Einhorn's bad start to the year has gotten worse
David Einhorn's bad start to 2018 keeps getting worse.The Greenlight Capital (Gold), L.P. - Dollar fund, which roughly tracks the firm's flagship fund, dropped 5.7% in February, bringing year-to-date...
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