Hedge funds need to stop hiring the same white, male Wall Streeters they...
We are near the end of a third consecutive year in which hedge funds have struggled to justify their existence. The response of some industry veterans has been to say relax, stay the course, we’ve been...
View ArticleSteve Cohen is changing what it means to be a star employee
Steve Cohen is changing what it means to be a star employee.His family office, Point72 Asset Management, is rolling out a new way of measuring performance that will identify core, necessary skills and...
View ArticleA hedge fund wrote a letter to investors explaining why they should read a...
Texas-based hedge fund Voss Capital didn't pontificate on Fed rate hikes or the future of global markets in its quarterly letter to investors.Instead, the fund's managers looked internally, and wrote a...
View ArticleBill Ackman is moving his hedge fund to the far west side of Manhattan
Bill Ackman is moving his hedge fund, Pershing Square Capital, to the far west side of Manhattan.The new 67,000-square-foot office will be at 787 11th Avenue, a block from the West Side Highway,...
View ArticleGoldman Sachs just launched a new way for everyday investors to follow the...
Goldman Sachs just launched a new way to follow the hedge fund crowd. Goldman Sachs Asset Management is launching an exchange-traded fund, which pretty much anyone can access, that will invest in hedge...
View ArticleWall Street's biggest investors have their own expensive election polls that...
The US presidential election is turning into a nail-biter as public polls show Hillary Clinton's lead in the race against Donald Trump suddenly eroding.But suppose you had a way of knowing that the...
View ArticleOne chart provides a grim outlook for Wall Street bonus season
It looks as though it's going to be another down year for Wall Street bonuses.That's according to a report from the compensation consultant Johnson Associates, which predicts lower "incentive...
View ArticleCarl Icahn just doubled down on Hertz (HTZ)
Hedge fund manager Carl Icahn has more than doubled his stake in Hertz Global Holdings, the parent company of Hertz car rental franchises.That's according to a new filing with the Securities and...
View ArticleWORLD'S BIGGEST HEDGE FUND: Stock markets around the world will tank if Trump...
The world's biggest hedge fund thinks stock markets around the world will tank if Donald Trump wins the US presidential election.Bridgewater Associates expects a 10.4% drop in the US equities market...
View Article'I expect to make money today — though it will be one of the most bittersweet...
Donald Trump's election win has shocked some hedge funders – even those who are set to make major money off the news."I expect to make money today – though it will be one of the most bittersweet up...
View ArticleSome hedge funds are poised to make serious money off of Trump's shocking win
Lots of people were surprised by Donald Trump's victory in the US presidential election.But some hedge funds positioned themselves for this outcome — and might end up performing better than they did...
View ArticleBLACK SWAN FUND: Markets have a 'volatility blind spot' with Trump and could...
Predictions of a market crash in the wake of Donald Trump's shock election win have been proved desperately wrong.Global stocks dipped on news of a Trump victory but, less than 24 hours later, stocks...
View ArticleRAY DALIO: 'There is much more that we don't know than we do know'
The world's biggest hedge fund isn't sure yet what to make of Donald Trump's election to the US presidency.That's the big takeaway from an investor note that Bridgewater Associates founder Ray Dalio...
View ArticleOne brutal chart from the biggest hedge fund in the world explains everything
Working class people from the Rust Belt played a large part in getting Donald Trump elected earlier this week. These same types of people also played a role in voting the UK out of the European Union...
View ArticleA hedge fund just asked Kate Spade to sell itself — here's the letter (KATE)
The New York-based hedge fund Caerus Investors has written a letter to Kate Spade's board urging it to sell the company."We have become increasingly frustrated by management’s inability to achieve...
View ArticleGiant hedge fund Elliott Associates has some ideas on how to answer one of...
What should be done to help those whose jobs are made redundant by technology?We just got our hands on a letter to investors from Elliott Associates, the nearly $30 billion hedge fund founded by Paul...
View Article$3.7 BILLION HEDGE FUND: 'Perhaps we need to put our phones down and get back...
Cellphone addiction, particularly among millennials, may be hurting the labor force and the economy at large.That's according to a $3.7 billion New York hedge fund, Tourbillon Capital Partners."Perhaps...
View ArticleA massive hedge fund that shut itself to outsiders is crushing it
Billionaire Michael Platt decided to close his hedge fund firm BlueCrest Capital Management last year as investors pulled out.BlueCrest now focuses on managing Platt's fortune – and has had a huge...
View ArticleStar hedge fund managers are getting bigger bonuses this year
NEW YORK, Nov 16 (Reuters) - Many hedge fund managers have reason to cheer even as their investors grouse about lackluster returns; they are on track to reap a much larger payday for 2016 than for...
View ArticleA $19 billion hedge fund is trying to recruit tech talent with a coding contest
A $19 billion UK-based hedge fund just launched a coding contest with cash prizes for young Europeans.Man AHL, a quantitative fund within Man Group, launched a contest for EU and Swiss residents who...
View Article