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Trump adviser Scaramucci says he has sold his investment firm
DAVOS, Switzerland — SkyBridge Capital cofounder Anthony Scaramucci said that he has sold the firm days before he is expected to join President-elect Donald Trump's incoming administration."I sold my...
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A key fundraiser for Barack Obama and a Chinese conglomerate are buying...
RON Transatlantic, the investment firm led by George Hornig, and HNA Capital, a part of the Chinese conglomerate HNA, are taking a majority stake in SkyBridge Capital, the investment firm founded by...
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A bunch of funds just got fined by the SEC for violating 'pay-to-play' rules
The Securities and Exchange Commission has fined 10 investment firms for violating pay-to-play rules.Bill Ackman's Pershing Square Capital Management is among them and has agreed to pay $75,000 over a...
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A fund that was just sold by Trump adviser Scaramucci is losing to 80% of its...
BOSTON (Reuters) - One of President-elect Donald Trump's top liaisons to Wall Street's business elite launched a mutual fund three years ago for mom-and-pop investors that lags most of its peers.Hedge...
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A hot new hedge fund expects 'hundreds of billions of dollars' in tech deals...
A hot new hedge fund says the tech industry is up for a wave of deals worth billions of dollars — and it is betting big on companies that could benefit.Margate Capital, a New York fund launched last...
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Hedge funds are making 'extreme' bets on the impact of Trump
Hedge funds are piling into the same bets ahead of the inauguration of President-elect Donald Trump.There are "extreme market positions in all asset classes," according to Societe Generale. It said the...
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A London hedge fund supremo who backed Brexit had one of his worst years ever
LONDON — A fund run by famed London investor Crispin Odey had one of its worst years ever in 2016, according to an investor letter seen by Business Insider.Odey Asset Management's OEI Mac fund, which...
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Powerful hedge funds with mediocre performance are charging investors even...
NEW YORK (Reuters) - Investors are starting to sour on the idea of reimbursing hedge funds for multi-million dollar trader bonuses, lavish marketing dinners and trophy office space.Powerful firms such...
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GEORGE SOROS: Trump is a con man and he will fail
Billionaire hedge fund manager George Soros on Thursday reiterated his belief that President-elect Donald Trump is "an imposter and con man and a would-be dictator."Soros, 86, said at the World...
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GEORGE SOROS: Theresa May will not last long as prime minister
Billionaire hedge fund manager George Soros said Theresa May is unlikely to last long in power with a divided cabinet and slim parliamentary majority."It is unlikely that Prime Minister May is actually...
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An $11 billion hedge fund is betting President Trump will cause violent stock...
By Svea Herbst-BaylissBOSTON, Jan 20 (Reuters) - U.S. President Donald Trump's policies could lead to more violent stock market movements, something prominent hedge fund manager Lee Ainslie said could...
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LEE COOPERMAN'S OMEGA: 2017 is the year for stock pickers
Another Wall Street investor expects a strong year for stock pickers.Leon Cooperman's Omega Advisors says active equity managers will be able to take advantage of increased volatility.That's according...
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Hedge fund OMEGA: 'Investors should likely have their cake and eat it too in...
Lee Cooperman's Omega Advisors has released a 51-page note to investors that details the hedge fund firm's market outlook for 2017.One big takeaway: Things are looking good for stock investors.Here are...
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Here's how much people make working for a hedge fund
Hedge funds have a reputation for being shrouded in mystery.But SumZero, an online community of buy-side professionals, has just made them a little less mysterious by revealing how much some people in...
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BOGLE: Hedge funds and mutual funds are full of excuses
Mutual funds and hedge funds are full of excuses, according to the man who revolutionized investing for Main Street.John C. Bogle created Vanguard, which in 1976 launched the first index fund – a fund...
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Paul Singer's Elliott: '8 years of growth-repressive and distorted fiscal and...
Elliott Management, the $31.6 billion New York hedge fund run by Paul Singer, sees a major change coming to the financial markets as a result of President Donald Trump's election. It's just too soon to...
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Here's how much people make working for a hedge fund
Hedge funds have a reputation for being shrouded in mystery.But SumZero, an online community of buy-side professionals, has just made them a little less mysterious by revealing how much some people in...
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A key figure in Paul Singer’s epic Argentina trade is stepping down
A key portfolio manager behind Elliott Management's infamous Argentina bet is stepping down.Jay Newman, a lawyer who joined New York-based Elliott in 1995, is stepping down and will act as a consultant...
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A $31.6 billion hedge fund is calling for a major overhaul of laws meant to...
The billionaire hedge fund manager and big Republican donor Paul Singer has long criticized Dodd-Frank, the post-financial-crisis regulation intended to prevent another meltdown.Now that President...
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One of the most senior women in finance is going to work for George Soros
One of the most senior women in finance is headed to run investing for billionaire philanthropist and investor George Soros.Dawn Fitzpatrick, a senior exec at the asset-management arm of UBS, is taking...
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