Hedge funds have started bashing themselves — here's what they're saying
It's no secret that hedge fund performance is lagging.The average hedge fund is up about 1.9% through July this year, and was down -0.6% last year, according to data tracker eVestment. Some big-name...
View ArticleThe activist hedge fund that shook up Yahoo is crushing it
The activist hedge fund that shook up Yahoo is crushing it as many of its peers struggle.New York-based Starboard Value's flagship fund is up 8.25% through July this year, according to a performance...
View ArticleThe tide may be turning for the hedge fund industry
The hedge fund industry has had a tough run.Hedge funds on average have returned about 3% this year, according to Goldman Sachs, while the S&P 500 is up by about 7%.The hedge funds themselves have...
View ArticlePRESENTING: The 9 stocks that matter most to hedge funds
Presenting: the hedge fund darlings of 2016.Goldman Sachs recently published its latest Very Important Position list of stocks that appear the most among the funds' largest 10 holdings.One disclaimer:...
View ArticleThe hedge fund industry is trying to get rid of its biggest problem
The hedge fund industry has a crowding problem.There are, it seems, too many hedge funds making too many of the same bets.As a result, hedge fund performance has lagged relative to broad stock...
View ArticleGOLDMAN: Hedge funds are betting billions that these 19 stocks are going to...
Hedge funds love making waves.One of the easiest ways to make waves is to announce a huge bet against a giant company.In Goldman Sachs' quarterly Hedge Fund Trend Monitor, the analysts round up the...
View ArticleHere's the meltdown Bill Ackman had when he found out what was going on at...
You think you know a guy.Billionaire investor Bill Ackman, founder of Pershing Square Capital Management, had been working with Michael Pearson, the former CEO of Valeant Pharmaceuticals, for over a...
View ArticleAspiring 'finance bros' may have a hard time getting a job at the world's...
Anyone living in New York City is familiar with the stereotypical "finance bro"— the young guy with a job on Wall Street who acts as if he never left his frat house.According to former entry-level...
View Article'Hedge fund' doesn't mean anything anymore — that's why they've been such a...
For the last eight years, hedge fund investors have been paying high fees for lackluster performance. There are rare exceptions — this New York fund is crushing competitors— but for the most part,...
View ArticleA 'Venezuela' is happening in capital markets
This may be the darkest thing we've read about the market in a while.In a letter to investors marking his hedge fund's 10th anniversary, James Litinsky of JHL Capital said he would rather be investing...
View ArticleHedge fund managers are waiting for the world to change
Hedge fund managers seem to be waiting for the world to change.It's well known at this point that these funds are having a tough time of it. They have returned about 3% this year on average, according...
View ArticleThe amazing story behind the world's first hedge fund
The first hedge fund looked nothing like most of those in operation today.The founder had little investing experience and had bounced around careers in diplomacy, sociology, and journalism before...
View ArticleWhat it's like to have your world turned upside down by an insider trading...
What's it like to be convicted of insider trading and later freed?William D. Cohan wrote a fascinating profile for Fortune about Todd Newman, the hedge fund manager at now defunct Diamondback Capital,...
View ArticleOMEGA: 'The in-place equity bull market should last a long time'
It's a good time to be in stocks, according to Omega Advisors' Steve Einhorn.The stock market should forge ahead on its bull run, Einhorn said in an email Sunday to macro traders that was viewed by...
View ArticleAfter three years of Herbalife, Bill Ackman still doesn't get Carl Icahn
Bill Ackman is that guy at a basketball game who keeps chanting after everyone else has stopped.Ackman is crowing over the fact that his nemesis, Carl Icahn, almost sold part of Icahn Enterprise's 18%...
View ArticleOne of the key men behind Bill Ackman's bet on Valeant is leaving
One of Bill Ackman's key researchers on Valeant is leaving Pershing Square and plans to launch a startup focused on reducing healthcare costs.Jordan Rubin, a member of Ackman's 10-person investment...
View ArticlePAUL TUDOR JONES: 'We have to think outside the box'
There are a lot of brilliant investors out there, but very few brilliant investors who are also brilliant communicators. It’s rare to find someone in the investment industry who has the ability to...
View ArticleBridgewater just released a series of videos that looks like something...
Bridgewater isn't holding back."This series of videos that we've prepared for you are to give you a window into what it's like to be here, to scare you away if you're not the right kind of person, to...
View ArticleICAHN: Ackman should feel 'boxed in' on Herbalife
The billionaire bickering continues.Carl Icahn spoke with CNBC on Tuesday, and he carried on his war of words with rival hedge fund manager Bill Ackman."If anyone should feel boxed in, it's Ackman,"...
View ArticleThe unlikely history behind one of Wall Street's iconic funds
A fund run by the world's biggest hedge fund firm wasn't supposed to be for outside investors.Bridgewater's All Weather strategy started out as a way to manage billionaire founder Ray Dalio's personal...
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