12 rising hedge fund stars who are in their 20s and are poised to take over...
Hedge funders dominated Forbes' most recent "30 Under 30" list for finance.Twelve of them are on the 2017 list, including Michael Buckley, who works at Stanley Druckenmiller's Duquesne Capital, and...
View ArticleWall Street's smart money is dumping the biggest trade in stocks since...
The financials sector led the stock market to new highs after President-elect Donald Trump won the election, on optimism that fewer regulations and higher interest rates would benefit banks. Goldman...
View ArticleTRUMP ADVISER SCARAMUCCI: I just sold my company
Speaking at the World Economic Forum in Davos, Switzerland, SkyBridge Capital co-founder Anthony Scaramucci said that he has sold his firm."I have just sold today," he said, according to the...
View ArticleA 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...
View ArticleA 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...
View ArticleA 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...
View ArticleA 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...
View ArticleHedge 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...
View ArticleA 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...
View ArticlePowerful 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...
View ArticleGEORGE 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...
View ArticleGEORGE 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...
View ArticleAn $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...
View ArticleLEE 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...
View ArticleHedge 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...
View ArticleHere'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...
View ArticleBOGLE: 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...
View ArticlePaul 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...
View ArticleHere'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...
View ArticleA key figure in Paul Singer's epic Argentina trade has stepped down
A key portfolio manager behind Elliott Management's famous Argentina bet has stepped down.Jay Newman, a lawyer who joined New York-based Elliott in 1995, will act as a consultant for Paul Singer's...
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