Billionaire investor Howard Marks just dissed hedge fund 'geniuses'
Howard Marks, cofounder of Oaktree Capital Management, just splashed some cold water on the hedge fund industry.The alternative-investment giant, which manages $98 billion, reported earnings on...
View Article'A bell is ringing': A top-performing $8.5 billion hedge fund has sounded the...
A top-performing $8.5 billion hedge fund has sounded the alarm.The markets are in a "historic" situation, according to Carlson Capital, an $8.5 billion Dallas-based hedge fund.The hedge fund...
View ArticleYou can see the Bill Ackman redemptions right here...
Investors have begun pulling money from Pershing Square, the hedge fund helmed by billionaire investor Bill Ackman.According to numbers released by Pershing, its public fund's net asset value went up...
View ArticleHedge fund managers are being 'gored to death' by the bull market
The stock market bull run is crushing hedge funds that can’t figure out why stocks keep rising, despite indicators that they should be falling.Caerus Investors, a small New York-based equity hedge...
View ArticleA star quant trader is launching his own firm with the backing of a $4...
Schonfeld Strategic Advisors, a multibillion-dollar family-office hedge fund, is expanding its reach in quant trading.The New York-based firm is backing a new quant fund from Eric Tavel, who previously...
View ArticleA hedge fund backed by industry legend Stan Druckenmiller has made a big hire
A new hedge fund that has the backing of legendary investor Stan Druckenmiller has made a big hire.Castle Hook Partners hired Sean Rhatigan as its chief financial officer, and he started this week,...
View ArticleThe world's biggest hedge fund thinks the next radical change in central-bank...
The world's biggest hedge fund thinks that the next radical change in central-bank policy is almost upon us.Bridgewater Associates sent a note to clients on Wednesday written by Greg Jensen, Jason...
View ArticleCarl Icahn is fleeing Atlantic City after burning $100 million on the Trump...
The Trump Taj Mahal will close after Labor Day as owner Carl Icahn exits Atlantic City, according to the Associated Press.This is the end of a long fight for Icahn, who purchased the Taj Mahal out of...
View ArticleCarl Icahn's day just keeps getting worse
Carl Icahn is having a bad day.First he announced that he would be leaving Atlantic City after spending $100 million since March to revitalize the Trump Taj Mahal.Then his firm, Icahn Enterprises,...
View ArticleCarl Icahn is getting stomped by sticking to one of his deepest convictions
Carl Icahn still believes the market is going to crash.Icahn Enterprises, the holding company helmed by Icahn, reported a second-quarter loss on Thursday morning, and a lot of that can be attributed to...
View ArticleActually, if you look at it this way, Carl Icahn is doing worse than Bill Ackman
Part of measuring on Wall Street is finding exactly the right stick.There are many options — returns, assets under management, what have you. Another is net asset value, and that's what we're going to...
View ArticleBLACK SWAN FUND: 'There's going to be chaos'
London-based hedge fund 36 South Capital Advisors makes buckets of money when markets go haywire.Jerry Haworth, the firm's CEO, is ready, and waiting expectantly.He spoke to Raoul Pal from Real Vision...
View ArticleHedge funds have done a terrible job at picking stocks this year
Hedge funds are not doing too hot in 2016.Performance metrics took a hit through the first six months of the year.Hedge fund tracker Eurekahedge found the industry netted a $5.2 billion performance...
View Article$9 BILLION HEDGE FUND: There's one big problem with Netflix
Netflix has a problem: It's you.That's according to Crispin Odey, one of London's biggest hedge fund managers.Voracious consumers are watching Netflix's content more quickly than the online streaming...
View ArticleThe Bill Ackman problem everyone forgot about is coming back to bite him and...
And now some bad news for billionaire Bill Ackman, the founder of the hedge fund Pershing Square.Valeant Pharmaceuticals, the drug company whose 90% stock-drop disaster has been pulling down Ackman's...
View ArticleHedge funds have been whining about how hard their job is, but they may have...
You've probably heard that hedge funds are having a tough time of it.There has been poor performance and insider-trading investigations. Overall, the industry's return this year was at 1.6% through...
View ArticleThe hedge fund industry has a problem
The hedge fund industry has a problem. There are too many hedge funds. That's according to a Barclays survey of 340 investors managing $8 trillion in total, released this week.The UK bank asked survey...
View ArticleInvestors just can't say no to hedge funds
Hedge fund doomsayers have long warned about big investors yanking cash, shrinking the high-fee industry.To that, hedge funds might as well respond: "Haters gonna hate."It seems like even when...
View ArticleThe Bridgewater employee who filed a sexual-harassment claim has withdrawn it...
An employee of Bridgewater Associates who filed a sexual-harassment complaint against his supervisor has withdrawn the claim and started a new job at private-equity firm KKR.With about $150 billion...
View Article$3.7 BILLION HEDGE FUND: The best opportunities are lurking where we are...
Tourbillon Capital Partners, a $3.7 billion New York hedge fund, was one of the hottest new fund startups when it launched in 2013.It's not doing as well this year, and founder Jason Karp offered an...
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