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Billionaire Paul Singer doesn't care what you think
At first Paul Singer thought it was a joke. The April 11 letter — sent to the Elliott Management Corp. founder from Klaus Kleinfeld, whom the hedge fund billionaire was trying to oust from his post as...
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CREDIT SUISSE: 18 stocks that hedge funds think are 'fading stars'
Hedge funds like to make money and can be quick to leave companies that aren't performing well.Credit Suisse compiled a list of stocks that hedge funds are giving up on, which it calls "fading stars."...
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DALIO: The US and UK might be facing a 'downward spiral'
The past 24 hours – with Jim Comey's testimony and the UK's snap election – are a cause for alarm to the founder of the world's largest hedge fund.The US and UK, in effect, are becoming dysfunctional,...
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One of the world's largest hedge funds is returning $8 billion to its investors
Viking Global Investors, one of the world's largest hedge funds, is returning about a quarter of its capital to investors as its chief investment officer steps down, according to a letter the firm sent...
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The company behind the world's biggest tech fund keeps hiring former Deutsche...
Japanese tech and telecom giant SoftBank has hired Colin Fan, a former head of investment banking and trading at Deutsche Bank, Bloomberg News' Stephanie Baker reports. The Hong Kong-born banker joined...
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CREDIT SUISSE: Hedge funds are dumping these 11 big-name stocks
It's easy to be distracted by a high market capitalization.Companies that have worked their way to the top of their fields must have made some right moves along the way.But past returns are not...
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A one-time portfolio manager at a top New York hedge fund has been sentenced...
A one-time portfolio manager at a New York hedge fund that shuttered last year amid an insider trading scandal has been sentenced to 18 months in prison.Stefan Lumiere was found guilty earlier this...
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Hedge funds are crushing it with a trade that anyone can replicate (EEM, VWO)
Hedge funds are using exchange-traded funds to make a killer bet. Markets Insider recently wrote about the most popular ETFs among hedge funds, and it turns out the two most popular funds have...
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CREDIT SUISSE: Hedge funds can't get enough of these 9 stocks
Everyone loves stocks that promise strong performance.Credit Suisse recently released a list of some of the best stocks according to hedge funds.The list was created by looking at large-cap companies...
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Kyle Bass still doesn't understand why he's getting smoked in China
Sometimes, no matter how right you are, you're still wrong and you're still going to lose money.On Thursday hedge fund manager Kyle Bass of Hayman Capital told Reuters that China's credit problems are...
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One of the hottest hedge fund launches of the year might've found itself a name
It looks like a highly anticipated hedge fund that has been taking talent from Izzy Englander's $35 billion fund has a potential name: ExodusPoint.The name was registered in a filing by Michael...
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Steve Cohen's vindicated trader has raised at least $25 million for a fintech...
Michael Steinberg, a former top trader at billionaire Steve Cohen's hedge fund, then known as SAC Capital Advisors, has raised at least $25 million for his newly-formed fintech venture fund, Reciprocal...
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One of the largest hedge fund launches of the year is closing its doors to...
One of the largest hedge fund launches of the year is closing its doors to new money.Holocene Advisors, a New York-based firm that launched in April, is closing to new capital, including from existing...
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A new hedge fund has hired from a fallen titan
BOSTON, June 20 (Reuters) - Hedge fund manager David Russekoff has hired Chetan Gulati, a former colleague from Perry Capital, to beef up the investment team at his newly formed firm Smith Cove...
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$45 BILLION HEDGE FUND BOSS: Protectionism is 'a convenient fig leaf for the...
Add David Siegel, co-founder of $45 billion hedge fund Two Sigma Investments, to the list of those warning against protectionism. In an op-ed on LinkedIn, Siegel recites a recent trip to an Abu Dhabi...
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Two once-hot activist hedge funds have lost a big chunk of their assets
Keith Meister’s Corvex Management and Richard (Mick) McGuire III’s Marcato Capital Management, two once-hot activist hedge fund firms that bolted out of the gate during the post-financial crisis bull...
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A Wall Street legend is taking on the $265 billion giant behind Kit Kat,...
Third Point, a $18 billion activist hedge fund founded by billionaire Dan Loeb, has taken a massive stake in Nestlé.While Third Point owns only about 1.4% of the Swiss company – Third Point's 40...
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A crucial stock market indicator just got its most bullish reading on record
How low can the VIX go?That seems to be the question hedge funds are asking themselves as they continue to bet that the so-called stock market fear gauge will fall further from current near-record-low...
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Robert Soros is stepping down from his father's legendary fund to start his...
Robert Soros, the eldest son of George Soros, is stepping down as deputy chairman and president of Soros Fund Management.Soros, 53, who will remain an owner at the firm, will set up Soros Capital to...
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These are the 11 biggest hedge funds in the world
2016 was a tough year for hedge funds. The industry as a whole only delivered a 5.4% return for clients, well below the S&P 500's return of 11.9%, according to data from eVestment.Poor performance...
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