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A longtime alternative data player just laid off the majority of its staff...
The CEO of Thasos, an alternative data company, has stepped down and roughly two-thirds of its staff have been laid off, sources tell Business Insider. Thasos was struggling to sell its product,...
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Goldman Sachs just completely overhauled how it makes stock forecasts — and...
Goldman Sachs said it has remade its sentiment indicator, and the new data shows stocks are at risk for a near-term decline as hedge funds and foreign investors have ramped up their exposure.Arjun...
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Investors want hedge funds to 'stick to their guns' and not try to 'be...
Last week's momentum slide and a surge in oil prices earlier this week thrashed many hedge funds.Investors like Jon Aikman, who sits on the University of Toronto's endowment and pension-investment...
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Goldman Sachs' massive quant business now rivals AQR and Two Sigma. We talked...
Goldman Sachs' Quantitative Investing Strategies group is one of the Wall Street bank's biggest and fast-growing units. The unit, known as QIS, has nearly doubled its assets under management in 2 1/2...
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Nasdaq-owned alt-data seller Quandl just hired BlueMountain's former data...
Quandl, the Nasdaq-owned marketplace for alternative data tracking things like web scrapings and satellite images, is bringing in Evan Reich as its new head of data strategy and sourcing.Reich...
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A performance coach for Tiger Woods and billionaire Steve Cohen told a room...
At a CFA Society event on Thursday night, Dr. Gio Valiante and Denise Schull told investors and traders that many people haven't trained themselves to correctly learn from mistakes. Mistakes can't be...
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Hedge funds could reap as much as $250 million from the collapse of British...
While the bankruptcy of British tour operator Thomas Cook has left hundreds of thousands of travelers stranded, a group of hedge funds are poised to make as much as $250 million from the company's...
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A top hedge fund's reported $800 million bet on vaping could be in jeopardy...
Jason Mudrick, the founder and chief investment officer of Mudrick Capital Management, has placed a massive bet on the vaping and e-cigarette space. The high-profile investor's flagship fund has...
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Wall Street's Democratic donors reportedly warned that they'd back Trump over...
Wall Street's Democratic donors are warning that they won't back Sen. Elizabeth Warren if she wins the party's nomination and that they might even support President Donald Trump, according to...
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A hedge fund manager who oversees $2 billion lays out the road to...
Uber and Lyft have created a duopoly in the US ridesharing market that puts them on the road to profitability, according to Glen Kacher, the chief investment officer and founder of $2 billion Light...
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Citadel just cut a team managing more than $1 billion after an analyst and a...
The analyst Josh Lingsch and the data scientist Derek Allums were fired by Citadel after they broke one of the firm's rules for trading in personal accounts, sources told Business Insider.They were a...
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WorldQuant's Igor Tulchinsky just guaranteed his team 75% of last year's...
WorldQuant's Igor Tulchinsky promised his team they would receive 75% of their performance bonus from last year in a company-wide communication recently, Business Insider has learned.A source close to...
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Cliff Asness' AQR has placed bets against Adyen and Worldline, two of...
AQR is betting against one-time unicorn Adyen Global, a Dutch payments company, and French payments company Worldline, according to data company Breakout Point.The two short positions are worth a...
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A banker revolution against Brexit is brewing in London's leafy stockbroker belt
A London hedge-fund manager who lives in the Esher and Walton constituency in the county of Surrey has been hard at work trying to unseat local member of Parliament, Dominic Raab. Known as the...
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Hedge-fund investors want a deal on fees. Managers don't start negotiating...
The hedge-fund industry's notoriously high fees have been pushed down as managers have been more willing to negotiate. But talks start only with the guarantee of a big check, according to data from...
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Saba Capital is targeting a unit of Legg Mason in an activist campaign....
Boaz Weinstein's Saba Capital, a $1.7 billion hedge fund, has taken activist positions in closed-end funds run by large asset managers like BlackRock and Neuberger Berman with the hopes that new board...
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Hedge funds have billions on the line at PG&E's bankruptcy hearing — and...
Pacific Gas & Electric, the bankrupt California utility that's been found partially responsible for causing two of the state's devastating wildfires, has been a target for dozens of hedge funds. In...
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BlueMountain is shuttering its flagship hedge fund, and cofounder Stephen...
BlueMountain is winding down its 16-year-old flagship fund, the $2.5 billion BlueMountain Credit Alternatives Fund, to focus on its collateralized-loan-obligations business for its new corporate owner,...
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We talked to 24 people about the hedge-fund wunderkind at Elliott who wants...
The latest campaign for the Wall Street hedge fund Elliott Management is a big one, taking on the well-known American staple AT&T. The man in charge of pushing the massive company to make the...
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Meet the 39-year-old hedge fund star most people have never heard of who...
Not even 40 years old, and Jesse Cohn is one of the most respected — and feared — investors in the world, thanks to his role leading activism at $38 billion hedge fund Elliott Management.The Long...
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