Clik here to view.
D.E. Shaw fired a high-profile hedge-fund manager after an investigation into...
Daniel Michalow, a senior portfolio manager at D.E. Shaw, was fired from the $50 billion hedge fund in March following an investigation into claims of inappropriate behavior, people familiar with the...
View ArticleClik here to view.
D.E. Shaw sent a memo to employees in the fallout from an employee fired for...
D.E. Shaw, the $50 billion hedge fund firm, sent a memo to employees on Monday in the fallout from firing a portfolio manager for inappropriate behavior.Business Insider earlier reported that D.E. Shaw...
View ArticleClik here to view.
Hedge fund Tourbillon's assets have dropped 20% in one month
Assets of Jason Karp's Tourbillon Capital have dropped 20% from March to April. The fund is down 4.6% this year through the end of April. Tourbillon Capital has seen its assets under management fall 20...
View ArticleClik here to view.
A Citadel portfolio manager left a new investment group less than a year on...
Neel Gupta, a portfolio manager at Citadel's Fundamental Strategies unit, has left.Gupta had joined Citadel less than a year ago from Pine River Capital.A portfolio manager who was part of Citadel's...
View ArticleClik here to view.
Bridgewater, the world's biggest hedge fund, says a crucial market driver is...
Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on one crucial market driver, according to a note to clients reviewed by Business Insider.The hedge fund reportedly...
View ArticleClik here to view.
Hedge funds are making a dangerous bet — and history suggests it's going to...
Hedge funds and other large speculators are currently holding their largest-ever short position on one of the market's most closely watched assets.History suggests that positioning to this degree will...
View ArticleClik here to view.
David Tepper’s hedge fund dumped its entire Apple stake ahead of the...
Appaloosa Management, run by billionaire David Tepper, sold off its entire stake of Apple last quarter.Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported...
View ArticleClik here to view.
RANKED: The 10 biggest hedge funds in the US
Hedge funds are the wild cards of financial markets. Some sharply criticize their activities, but others say they bring valuable diversity to markets and act as shock absorbers against volatility. The...
View ArticleClik here to view.
The market's biggest and most influential investors are altering their...
Goldman Sachs conducts a regular survey of large investment managers, and the latest version featured findings from 848 hedge funds overseeing a gross total of $2.3 trillion in stock positions.The firm...
View ArticleClik here to view.
Hedge funds love these 25 stocks
WalletHub analyzed financial disclosures for 100 of the largest hedge funds.The firm put together a list of their favorite stocks, including which moved up or down from previous quarters.Each quarter,...
View ArticleClik here to view.
Hedge funds are handily beating the market — and Goldman Sachs says these are...
Stock market volatility has been a boon for hedge funds this year, as they've beaten benchmarks handily.Goldman Sachs has identified the 16 stocks given "VIP" status from hedge funds — meaning the...
View ArticleClik here to view.
The top 25 hedge fund managers earned a combined $15.4 billion last year
The top 25 hedge fund earners made a total of $15.4 billion in 2017, an increase of 40% from the year prior, according to a new report from Institutional Investor. Four managers on the list made more...
View ArticleClik here to view.
One of the hedge funders behind 'The Big Short' says betting on marijuana is...
Danny Moses, a hedge funder at the center of "The Big Short," said that investing in cannabis is the "big long."Moses has invested in a private-equity firm, Merida Capital, that focuses on the emerging...
View ArticleClik here to view.
Hedge funds are crushing the market this year — here's the secret to their...
Hedge funds have been beating the market in 2018, and they have relied on the outsize strength of one group of stocks to get there.They are also edging their way back into a much-maligned part of the...
View ArticleClik here to view.
Universities are starting to invest in crypto, according to a lawyer in the...
Crypto lawyer: "We’re seeing some academic institutions getting involved on a limited basis for strategic reasons."Universities around the world are increasingly interested in cryptocurrencies and the...
View ArticleClik here to view.
The world's biggest hedge fund warns: '2019 is setting up to be a dangerous...
Bridgewater Associates is bearish on nearly every financial asset, it said in a recent note to clients."2019 is setting up to be a dangerous period for the economy," the giant hedge fund said.The firm...
View ArticleClik here to view.
A crypto trader setting up a hedge fund apologised for making so much money
Lawyer John Lore advises hedge funds and has seen a spike in specialist crypto funds asking for help.He said the background of his crypto clients is much more diverse than traditional fund managers....
View ArticleClik here to view.
A founding partner at struggling hedge fund Tourbillon has resigned
A founding partner of Tourbillon Capital Partners has resigned.Amy Zipper, the chief operating officer and president, left last week, people familiar with the matter said.Tourbillon's assets have...
View ArticleClik here to view.
'Billions' star Maggie Siff explains how a phone call with Tony Robbins...
"Billions" star Maggie Siff has had an impressive career picking roles on iconic shows like "Mad Men" and "Sons of Anarchy."In an interview with Business Insider, Siff mentioned two people who inspired...
View ArticleClik here to view.
Here's the real reason hedge funds give you ideas, according to Harvard
Harvard Business School PhD candidate Patrick Luo analyzed 341 stocks pitches by 29 hedge funds over five years.His paper, published in May, shows how those stocks outperformed the market before...
View Article