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Citadel just cut a team managing more than $1 billion after an analyst and a...
The analyst Josh Lingsch and the data scientist Derek Allums were fired by Citadel after they broke one of the firm's rules for trading in personal accounts, sources told Business Insider.They were a...
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WorldQuant's Igor Tulchinsky just guaranteed his team 75% of last year's...
WorldQuant's Igor Tulchinsky promised his team they would receive 75% of their performance bonus from last year in a company-wide communication recently, Business Insider has learned.A source close to...
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Cliff Asness' AQR has placed bets against Adyen and Worldline, two of...
AQR is betting against one-time unicorn Adyen Global, a Dutch payments company, and French payments company Worldline, according to data company Breakout Point.The two short positions are worth a...
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A banker revolution against Brexit is brewing in London's leafy stockbroker belt
A London hedge-fund manager who lives in the Esher and Walton constituency in the county of Surrey has been hard at work trying to unseat local member of Parliament, Dominic Raab. Known as the...
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Hedge-fund investors want a deal on fees. Managers don't start negotiating...
The hedge-fund industry's notoriously high fees have been pushed down as managers have been more willing to negotiate. But talks start only with the guarantee of a big check, according to data from...
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Saba Capital is targeting a unit of Legg Mason in an activist campaign....
Boaz Weinstein's Saba Capital, a $1.7 billion hedge fund, has taken activist positions in closed-end funds run by large asset managers like BlackRock and Neuberger Berman with the hopes that new board...
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Hedge funds have billions on the line at PG&E's bankruptcy hearing — and...
Pacific Gas & Electric, the bankrupt California utility that's been found partially responsible for causing two of the state's devastating wildfires, has been a target for dozens of hedge funds. In...
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BlueMountain is shuttering its flagship hedge fund, and cofounder Stephen...
BlueMountain is winding down its 16-year-old flagship fund, the $2.5 billion BlueMountain Credit Alternatives Fund, to focus on its collateralized-loan-obligations business for its new corporate owner,...
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We talked to 24 people about the hedge-fund wunderkind at Elliott who wants...
The latest campaign for the Wall Street hedge fund Elliott Management is a big one, taking on the well-known American staple AT&T. The man in charge of pushing the massive company to make the...
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Meet the 39-year-old hedge fund star most people have never heard of who...
Not even 40 years old, and Jesse Cohn is one of the most respected — and feared — investors in the world, thanks to his role leading activism at $38 billion hedge fund Elliott Management.The Long...
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Jonathan Soros is pumping $300 million into a new hedge fund run by one of...
Courtney Carson, the former Soros Fund Management distressed-debt head, has gotten $300 million from Jonathan Soros' JS Capital for his new hedge fund, Hein Park, sources told Business Insider.Carson...
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South Korea's largest hedge fund freezes $710 million as investors try to...
Lime Asset Management — South Korea's largest hedge fund — has frozen a total of $710 million in withdrawals as investors rush to pull their cash from the firm, Bloomberg reported. The firm, which...
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Hedge funds pumped more than $200 million into a family of crypto funds last...
Grayscale Investments, which runs 10 crypto-linked investment trusts, had more than a quarter of a billion dollars' worth of inflows in the third quarter, with an overwhelming majority coming from...
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$8.8 billion ExodusPoint's head of data strategy is out, but the hedge fund's...
ExodusPoint lost its head of data strategy, Chris Petrescu, last week, sources told Business Insider. Petrescu was in charge of finding alternative datasets for the hedge fund's portfolio managers to...
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Maverick Capital's human stock pickers are shining, but quant strategies at...
The $8.8 billion hedge fund Maverick Capital's fundamental fund line — which includes three funds with different amounts of leverage — has beaten the average hedge fund through the first three quarters...
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AT&T survived round one with activist hedge fund Elliott. Now, the company...
Elliott's $3.2 billion stake in AT&T has pushed the telecom giant to add two new board members and split the chairman and CEO roles for Randall Stephenson's successor. The influential hedge fund is...
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An SEC official is siding with big asset managers that say hedge funds like...
The US Securities and Exchange Commission's Robert Jackson hopes to prevent the kind of closed-end fund activism that funds like Boaz Weinstein's Saba Capital have engaged in. Jackson, in an interview...
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Wall Street pros and everyday investors have dramatically different views on...
Data suggests that there's a growing split between some of the most experienced investors on Wall Street and the least.According to statistics from SentimenTrader, hedge funds and institutional...
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Billionaire hedge-fund founder Ray Dalio says low interest rates have allowed...
Speaking at the Greenwich Economic Forum on Tuesday morning, the billionaire hedge-fund founder Ray Dalio told attendees that low interest rates created the boom of idealistic but money-losing...
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Bridgewater founder Ray Dalio is sharing the apps behind the hedge fund's...
Billionaire hedge fund founder Ray Dalio is known for his "radical transparency" when it comes to corporate culture as much as for his investing prowess.Dalio, the founder of Bridgewater, has built an...
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