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Here are 12 hedge funds to watch in 2021: Big names, new launches, and...
Summary List PlacementA year full of volatility and chaos ended up going pretty well for many hedge funds. The average hedge fund has made more than 13% this year's first 11 months, after a strong...
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Bill Ackman turned a $27 million bet into $2.6 billion in a genius...
Summary List PlacementThe hedge fund billionaire Bill Ackman is among few who minted a multibillion-dollar profit during the throes of the coronavirus pandemic. The famed investor turned a relatively...
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These are the Wall Street stories our readers loved in 2020
Summary List PlacementWhat a year.That's probably the best way to sum up 2020, which was an absolute whirlwind. And while most of us will be happy to close the book on what has been a difficult and...
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Rocket Internet surges after Elliot Management takes 15% stake, complicating...
Summary List PlacementRocket Internet surged on Tuesday after it was revealed that activist investor Elliott Management, led by Paul Singer, took a 15.1% stake in the German-based tech startup...
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'We see tremendous value in private real assets' — Here's how the world's...
Summary List Placement"Look it's obviously been a roller coaster year," said UBS asset management's head of investments, Barry Gill, at a media event.But the question is now how markets will shape up...
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Hedge fund pay, revealed: How much engineers, associates, and researchers...
Summary List PlacementFor many Wall Street aspirants, a career at a top hedge fund is the holy grail. For those who succeed, compensation has the potential to eclipse nearly any other profession in the...
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Here are under-the-radar hedge fund managers who crushed 2020, including a...
Summary List PlacementFor big-name managers, 2020 went either very well or very poorly. Quants such as Renaissance Technologies, Winton Group, and Bridgewater Associates struggled, losing double-digits...
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A new startup run by a former Citadel quant is trying to create a better way...
Summary List PlacementBlockchain. Machine learning. Alternative data. Climate change. It seems like Arbol Market, a new insure-tech platform, is hitting every buzzword, and the startup's quick growth...
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A former WorldQuant exec and Jefferies trader are launching a quant fund with...
Summary List PlacementEvery financial institution in the world is constantly searching for new, unique datasets that can give them an edge. A new peer coming in May plans to find them and put them to...
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EXCLUSIVE: Microsoft, Citadel, Elliott Management, and other major firms near...
Summary List PlacementDemand from big-name tech and finance firms looking for pricey, newly built office space in South Florida is igniting a commercial real estate boom.As major companies, C-suite...
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Billionaire Seth Klarman's Baupost returned less than 5% in 2020, failing to...
Summary List PlacementFor the second year in a row, the "Oracle of Boston" failed to make double-digit returns.Billionaire Seth Klarman, the longtime head of $30 billion Baupost Group, returned just...
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Digital-lending startup Blend just nabbed $300 million from backers including...
Summary List PlacementWhen it comes to consumer banking, the offerings and services involved run the gamut from the most basic of checking accounts to highly-personalized home loans and specialty...
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Vista Equity Partners is folding alt-data shop 7Park into another one of its...
Summary List Placement7Park Data, a darling of the alternative-data boom feeding quantitative hedge funds, is shuttering as a stand-alone business just two years after being acquired for $100 million...
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At $6 billion Schonfeld Strategic Advisors, humans outperformed the machines...
Summary List PlacementIn a reflection of the overall industry's 2020, the humans at $6 billion Schonfeld Strategic Advisors outperformed the machines.Schonfeld's $2.3 billion Fundamental Equity fund,...
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An ex-Goldman trader whose firm helps investors navigate market chaos just...
Summary List PlacementNancy Davis once won an award as a "rising star" in the hedge fund world. Now her star is rising in the exchange-traded-fund world, which is rapidly eclipsing that of hedge...
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7Park Data is killing off the data streams it sells to hedge funds after...
Summary List Placement7Park Data is shutting off its data streams to investors, its CEO informed clients on Friday, a day after Insider reported the firm would be absorbed by a fellow Vista Equity...
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Bloomberg just paid more than $100 million for an upstart alt data player....
Summary List PlacementConsolidation and invasion by heavy hitters are the dominant themes for the alternative-data space as the new year begins. Data giant Bloomberg ended the year with an acquisition...
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The hedge fund industry raked in 12.3% last year, its largest annual return...
Summary List PlacementHedge funds enjoyed strong gains in 2020 as risk markets swiftly rebounded on recovery hopes and unprecedented stimulus.The average fund returned 12.3% in 2020, the largest annual...
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A billionaire New York hedge-fund CEO just dropped $20 million on a Miami...
Summary List PlacementNew York hedge-fund executive Dan Loeb has picked up a Miami Beach mansion for $20 million, Katherine Kallergis reported for The Real Deal. Loeb, the founder and CEO of New...
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Ray Dalio's Bridgewater lost $12.1 billion in 2020 — but he's still the...
Summary List PlacementRay Dalio lost $12.1 billion for investors in his firm Bridgewater Associates in 2020, a year when the world's top 20 hedge funds reaped their best returns in a decade thanks to...
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