Goldman Sachs: Investors expect to pull $20 billion from hedge funds in 2020
Investors expect to pull about $20 billion from hedge funds this year, according to a study from Goldman Sachs Group. It would be the third year in a row the industry has seen annual outflows.Still, it...
View ArticleBetting against Tesla has burned yet another hedge fund (TSLA)
Three Bay Resource long-short equity funds held by GMT Capital, a hedge fund run by Tom Claugus, each dropped about 10% in January fueled by a short position in Tesla, Bloomberg reported Thursday.Tesla...
View ArticleHealthcare is bright spot for the hedge fund industry even as investors pull...
Citadel portfolio manager Prashanth Jayaram is launching his own fund, named Tri Locum Partners.Jayaram is a healthcare specialist, and has a medical degree from the University of Pennsylvania. It is...
View ArticleCoatue's new quant fund lost money in the fourth quarter and it shows how...
Coatue, billionaire Philippe Laffont's firm, opened a quant fund last May to outside investors even as many larger quant funds were struggling in an increasingly competitive space.In the...
View Article10 stocks the market's best-performing hedge funds are piling into right now...
Many hedge funds posted their best gains in years during 2019, even as the broader industry struggled to keep up with the stock market's returns. The list below features hedge funds that have delivered...
View ArticleAfter a blockbuster 2019, Larry Robbins' Glenview Capital flagship fund...
Billionaire Larry Robbins' Glenview Capital lost 7% in its flagship fund in January after the fund soared 30% in 2019.The firm, which runs more than $7 billion across multiple funds, has made big bets...
View ArticleAvoid these 11 stocks being dumped by mega-investors. RBC says they're doomed...
Lori Calvasina of RBC Capital Markets says she's found a group of stocks that are losing support from hedge funds.Her list of "lead balloons" is made up of the small-company stocks where numerous hedge...
View ArticleThese were the 10 most-held stocks in hedge funds last quarter (AAPL)
The fourth quarter's disclosures for large investment funds were filed by February 15. For the equities world, they offer insight into how interested the sector is in stocks as an asset overall, and...
View ArticleA hedge fund CEO who specializes in volatility told us why the...
The coronavirus outbreak has reached a point where people are restricting their travel en masse.Traders are selling stocks on this development, and out of concern that behavioral changes will hurt tax...
View ArticleThe COO of billionaire Steve Tananbaum's GoldenTree Asset Management is out...
Steve Tananbaum's GoldenTree Asset Management recently lost its COO, Bill Christian, sources tell Business Insider.Christian, according to his LinkedIn profile, was a partner as well as the chief...
View ArticleWe got a look at billionaire investor Seth Klarman's super-rare book. Here...
Billionaire Baupost founder Seth Klarman has been one of the most-followed voices in investing for years.His 1991 book, "Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful...
View ArticleBridgewater co-CEO Eileen Murray — one of the most powerful women in finance...
Eileen Murray — one of the most powerful women in finance and the departing co-CEO of Bridgewater — told attendees at the SuperReturn conference in Berlin that hedge funds and banks need to do a better...
View ArticleHedge fund billionaire Jim Simons is betting millions on a small biotech firm...
Hedge fund billionaire Jim Simons is backing biotech firm Codagenix and its development of a potential coronavirus vaccine, Bloomberg reported Wednesday.The founder of Renaissance Technologies holds at...
View ArticleCitadel, BlackRock, and D1 Capital are racking up hundreds of millions in...
Ken Griffin's Citadel, Larry Fink's BlackRock, and Daniel Sundheim's D1 Capital led the money managers are gaining from short positions on stocks hit hard by the coronavirus.Citadel made millions on...
View ArticleBillionaire Citadel founder Ken Griffin explains why he modeled his firm...
Billionaire Citadel founder Ken Griffin said the best advice he ever got was "spend your time with your strongest colleagues."Griffin said this advice goes against many people's intuition to help those...
View ArticleSteve Cohen just told staff that the head of Point72's Cubist unit is leaving...
The head of Point72's Cubist unit, Ross Garon, is retiring and leaving the firm at mid-year, according to a memo from billionaire Steve Cohen sent this morning.Previously, Garon worked at D.E. Shaw,...
View ArticleMeet Jesse Cohn, the hedge fund wunderkind looking to oust Twitter CEO Jack...
Jack Dorsey's tenure at the helm of Twitter may be nearing its end after hedge fund Elliott has built a more than $1 billion stake in the social media company and is demanding a full-time CEO.One of...
View ArticleMarket volatility has returned and so could faith in the value investing...
Billionaire Seth Klarman's investing philosophy has been in something of a rut for years.But comparing his recent writings to investors to his nearly 30-year-old book show that he hasn't changed the...
View Article'One of those once in 100 years catastrophic events': Billionaire Ray Dalio...
The coronavirus outbreak is a once-in-a-lifetime epidemic that will squash those who don't defend against a worst-case scenario, the Bridgewater cofounder Ray Dalio wrote in a LinkedIn post on...
View ArticleInside the alt-data world's 'unhedgeable risk': What happens when data...
Recent congressional inquiries into Envestnet's Yodlee and Avast's Jumpshot highlight the risks aggregators of alternative data and their hedge-fund clients have as they rely on datasets that could...
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