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The hedge-fund manager who says he's a #MeToo scapegoat plans to take legal...
Daniel Michalow, a senior portfolio manager at D.E. Shaw, was fired from the $50 billion hedge fund in March following an investigation into allegations of inappropriate behavior, Business Insider...
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Elliott Management has hired a new executive from Citi, and it says a lot...
Paul Singer's Elliott Management has hired Jean-Yves Magnan as deputy chief financial officer, according to people familiar with the matter. Magnan, who was previously chief financial officer of...
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How hedge funds made millions betting on Brexit
Hedge funds bought polling data on the day of the Brexit vote allowing them to profit from the event, a Bloomberg investigation has shown.One hedge fund involved, Rokos Capital Management, made over a...
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Bridgewater, the world's largest hedge fund, is reportedly changing up its...
Bridgewater Associates, the world's largest hedge fund, is reportedly giving more control to its top executives, the latest move as billionaire founder Ray Dalio takes a lesser role managing the $150...
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Billionaire activist investor Daniel Loeb is pushing for change at 'overly...
Billionaire investor Daniel Loeb is stepping up his pressure on food group Nestle.Loeb, whose Third Point Management has built a stake in Nestle, has set up a website with a 34-page presentation...
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BANK OF AMERICA: Hedge funds are loading up on these 17 stocks
Hedge funds have taken the biggest stock market positions in the tech and consumer-discretionary sectors, according to Bank of America Merrill Lynch.The bank published a list of stocks with the most...
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Steve Cohen's hedge fund Point72 has reportedly been blocked from taking...
FT: Steve Cohen's hedge fund Point72 has been blocked by the UK regulator from taking British money.Cohen was banned from managing money for two years after his former hedge fund, SAC Capital, pleaded...
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There are only 4 stories written about fund managers
Some money managers are huge success, some huge failures, and others are just interesting. David Einhorn's performance has been struggling as of late. There are lots of variables involved in investing...
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An unauthorized copy of an investing bible that Wall Streeters pay thousands...
"Margin of Safety," the out-of-print book written by the hedge fund billionaire Seth Klarman, was available for a few days on Amazon Kindle for $9.99.It was taken down Tuesday. According to The Baupost...
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The top tech executive at $41 billion investment firm Fortress is leaving to...
The chief technology and information officer of $41 billion Fortress Investment Group is leaving the firm. Hylton Socher, a long-time exec at Fortress, is starting his own investment management firm...
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Elon Musk makes good on his promise to send David Einhorn 'a box of short...
Elon Musk sent short-seller David Einhorn a "box of short shorts to comfort him" after the hedge fund manager blamed Tesla for its dismal l performance. Einhorn, who manages the $5.5 billion Greenlight...
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The high-profile trader who slammed ex-employer ITG with a lawsuit is gearing...
Hitesh Mittal, the former trading head who recently sued broker ITG, is looking to make a big comeback with a new trading technology company.Mittal plans to launch the new firm in the next few weeks,...
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The asset manager behind one of the first blockchain ETFs is preparing a $100...
Reality Shares, the tiny asset manager known for its blockchain exchange-traded fund, is preparing to launch a $100 million cryptocurrency hedge fund.It joins a crowded market of over 300 such...
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Billionaire investor George Soros made a big bet on music streaming services,...
Billionaire George Soros' firm made big bets on the music-streaming industry in the second quarter, according to regulatory filings.Soros Investment Management took stakes now worth $178.7 in...
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GUNDLACH: Hedge funds are betting against Treasurys like never before, and...
Hedge funds are making record bets against long-term US Treasurys.Jeff Gundlach, the founder of DoubleLine Funds, warns that these investors could be in for pain if Treasurys in fact rally.Speculators...
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RBC: Hedge funds are piling into these 12 stocks unlike any others on the market
RBC Capital Markets has identified the stocks in which major hedge funds bought the most new positions during the second quarter.These so-called rockets usually shoot higher while they're being bought...
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Federal marijuana prohibition has opened a short window of opportunity for...
Marijuana is one of the fastest-growing industries in the US. It's also illegal.Federal prohibition has given rise to a number of dedicated funds that are looking to capitalize on the "short window" of...
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London hedge fund Brevan Howard is reportedly cutting back on office perks...
Hedge fund Brevan Howard has cut floor space at its London headquarters, Bloomberg reports.The space was used for a gym, kitchen, meeting areas, and reception.Brevan Howard suffered its worst ever year...
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Hedge fund legend Leon Cooperman is investing in the marijuana industry — and...
Hedge fund billionaire Leon Cooperman is a stockholder in Green Thumb Industries, a publicly-traded marijuana cultivator and dispensary operator.Cooperman confirmed to Business Insider he invested in...
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Hedge funds were loving these 25 stocks in the 2nd quarter
WalletHub analyzes financial disclosures for 400 of the largest hedge funds every quarter to help other investors replicate their success. The firm put together a list of the funds' favorite stocks,...
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