Corporate America's stock buyback binge may be coming to an end
Wall Street pros love talk about how regular investors are terrible market timers and thus should just buy and hold for the long haul.Small investors tend to panic sell at the lows and greedily buy at...
View ArticleHow Netflix helped create a pair of hedge fund stars (NFLX)
A decade ago, Netflix held a contest to see who could come up with the best algorithm to improve its recommendation system.The prize was $1 million, and it became an obsession of many data gurus — one...
View ArticleThe world's biggest hedge fund expects a bust in China
The world's biggest hedge fund firm thinks that China is preparing for a bust.Ray Dalio's Bridgewater says that China has experienced an "unsustainable buildup of credit," which is "typical of debt...
View ArticleA one-time high flying hedge fund is shutting its Hong Kong office
TPG-Axon Capital Management is shutting its office in Hong Kong, where it employs 10 people, and ending its presence in Tokyo in the coming months, according to a letter sent to investors that was seen...
View ArticleHow one hedge fund manager missed out on the 'Big Short'
We've all heard about "The Big Short."The trade was made famous by Michael Lewis' book focused on a band of Wall Streeters who made serious money betting on a housing crisis. The book was later turned...
View ArticleA 24-year-old Chipotle cook is dishing up savvy investing advice to a...
On Sunday morning, around 200 hedge fund employees received a mass email about an activist position in one of the world's biggest asset managers, Och-Ziff Capital Management.The note came from an...
View ArticleThe biggest investment trend in the world is reshaping Wall Street
The rise of passive investing has fundamentally altered the business of Wall Street.It is changing money management, as dollars flow from actively managed funds to index-tracking funds. It has changed...
View ArticleA $9 billion fund just hired a star trader
Cairn Capital, a London-based fund management firm with $8.6 billion in assets under advice, has made a big hire. The firm, which focuses on the structured credit markets, has hired former HSBC trader...
View ArticleSomething is missing from the hedge fund industry
In 2015, Mallory Downing was hustling for a hedge fund job.Like many of her peers at Columbia Business School in New York, she sent out hundreds of résumés. She met with more than 100 people in...
View ArticleJIM CHANOS: Tesla is putting itself 'under the red line'
Famed short-seller Jim Chanos was on a stock-picking panel at the CNBC and Institutional Investor's Delivering Alpha Conference in NYC."I want to talk about what is not too boring — the world of Elon...
View ArticlePAUL SINGER: 'It's a very dangerous time in the global economy'
A prominent conservative hedge fund billionaire is blaming central bankers for the slow economy.Paul Singer, the founder of the hedge fund Elliott Management, said Tuesday that policymakers needed to...
View Article3 top investors just shared one stock pick at a huge hedge fund conference in...
Three top investors just shared a stock pick during a panel at the CNBC Institutional Investor Delivering Alpha conference in New York City.The players were:Robert Bishop, the founder of Impala Asset...
View ArticleBillionaire investor Ray Dalio just put the hedge fund pain in perspective
It's not easy to be a hedge fund manager today.One-time lucrative fees are going down for many, and the market environment is such that many managers are having trouble making money for their...
View ArticleA hedge fund manager who shut down his fund following a government raid is...
A hedge fund manager who shut down his fund following a government raid is now lashing out.David Ganek shuttered his hedge fund Level Global following a government raid at his offices in 2010. Last...
View ArticleICAHN: Herbalife should go private
Carl Icahn is asking regulators for the option to up his stake in Herbalife up to 50%.That would be a huge increase since he is currently limited to 35% of shares. Icahn said he currently owns about...
View ArticleThe world's largest hedge fund says it is 'bloated' and planning lay-offs
Bridgewater Associates — the world's largest hedge fund, with $150 billion in assets under management and 1,700 employees — says it is "bloated" and will "improve efficiencies" of its non-investment...
View ArticleBubbles, unpopular politicians, and fighting the Fed: A $9 billion hedge fund...
Crispin Odey is having a tough year.His UK-based hedge fund is down about 35% this year through August, according to an investor letter. The firm manages around $8.9 billion.And Odey is blaming central...
View ArticleA fund started by former SAC Capital traders just made a big hire
A $600 million hedge fund has made a big hire from Lee Ainslie's Maverick Capital.Winston Holt has joined Electron Capital as president and will lead the marketing and investor relations team,...
View ArticleWe now know how Carl Icahn's Herbalife sale fell through
We now know how Carl Icahn's Herbalife sale fell through, thanks to a report by Michelle Celarier at Fortune.Icahn and Bill Ackman have had a long-running feud over Herbalife, the nutritional...
View ArticleHedge fund legend Leon Cooperman charged with insider trading
The Securities and Exchange Commission has charged Leon Cooperman of Omega Advisors with insider trading.The trading involves Atlas Pipeline Partners, according to the SEC complaint.Cooperman is a...
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