Former hedge-fund trader gets 40 months in prison for tricking investors by...
Jeremy Shor, a former trader at shuttered hedge fund Premium Point Investments, was sentenced on Monday to 40 months in prison, Bloomberg reported.Shor was convicted in July for conspiring with the...
View ArticleHedge funds are loading up on China-exposed stocks — and it shows just how...
Hedge funds increased holdings in China-exposed stocks in the third quarter amid boosted trade-deal optimism, according to a Monday report from Goldman Sachs. In the last three months, U.S. stocks with...
View ArticleA notoriously bearish hedge fund manager is more convinced than ever a crash...
Bearish fund manager Russell Clark increased Horseman Global Fund's net short position to 111% of gross assets, Bloomberg reported on Tuesday, citing an investor letter.Clark is betting against a...
View ArticleHedge funds grow bored of Trump's tweets after a barrage of 'rhetoric that...
Hedge fund managers are paying less and less attention to the president's tweets. "A lot of the tweets turned out to be rhetoric that didn't pan out," a hedge fund manager told Financial News. Trump's...
View ArticleThese are the top 10 stocks most loved by hedge funds
In 13-F filings earlier this month, hedge funds disclosed what stocks they bought or sold in the third quarter. Goldman Sachs analyzed the filings of 833 hedge funds to compile a "VIP list" of the...
View ArticleInvesting legend Louis Bacon will reportedly close his flagship Moore Capital...
The hedge fund legend Louis Bacon is planning to close Moore Capital Management to outside investors, according to the Financial Times. The closing comes on the back of years of weakening performance...
View ArticleWSJ says Ray Dalio's hedge fund has bet more than $1 billion on a global...
Ray Dalio's hedge fund has placed a bet north of $1 billion that global stocks will fall by March, according to a Wall Street Journal report.The position is made up of put options that could pay out to...
View ArticleLone Pine Capital's latest client letter argues value investing is going...
Lone Pine Capital's two funds — Lone Cypress and Lone Cascade — each lost more than 2% in the third quarter thanks to the shift away from momentum, or growth, stocks, the firm said in a letter to its...
View Article'Wizard of Oz' Greg Coffey's hedge fund has reportedly surged 29% this year,...
Greg Coffey, a star hedge fund trader nicknamed the "Wizard of Oz," has led his firm to a 29% year-to-date return through the end of October, according to Bloomberg report citing an investor letter....
View ArticleThese are the top 10 stocks that hedge funds are betting the most against
In its November Hedge Fund Trend Monitor report, Goldman Sachs released a list of the top stocks shorted by hedge funds. Goldman uses the total dollar value of short interest outstanding to estimate...
View ArticleBridgewater co-CEO Eileen Murray is leaving the $160 billion hedge fund
Bridgewater Associates co-CEO Eileen Murray is leaving the $160 billion hedge fund, according a press release published Tuesday. Murray will step down at the end of next quarter, and co-CEO David...
View ArticleLong-time Lone Pine managing director Paul Eisenstein is starting his own...
Paul Eisenstein has been an analyst for Lone Pine for 13 years, rising to become a managing director at the Greenwich, Connecticut-based fund. The firm's third-quarter letter said that he will leave at...
View ArticlePIMCO's flagship hedge fund has lost more than 14% in 2019 — a rare stumble...
The Global Credit Opportunity Fund is PIMCO's flagship hedge fund, and runs more than $3 billion. The fund has lost more than 14% this year, sources said, after making money last year. The average...
View ArticleInside the first-ever 'Fidouchies' awards, a short-seller-created fake awards...
Short-seller Muddy Waters Capital held a screening for what it called the first annual "Fidouchies" awards — a spoof award show that celebrated financial malfeasance and criticized some of the...
View ArticleThe Mets are in talks to sell 80% of the team to billionaire hedge fund...
The New York Mets' owners are in talks to sell up to 80% of the team to the billionaire hedge-fund manager Steve Cohen, Bloomberg reported on Wednesday.Bloomberg said that the deal would value the...
View ArticleAlternative data blew up thanks to desperate hedge funds looking to get an...
The constantly changing alternative data space is set for more growth in 2020, according to one data platform, but the datasets, structure, and clients will be different.After primarily selling to...
View ArticleBillionaire hedge-fund manager Bill Ackman is poised to exceed 50% returns...
Bill Ackman's hedge fund is pacing itself for returns in excess of 50% through 2019 after three consecutive yearly losses.Pershing Square Capital Management posted a 3.4% gross gain for November, or...
View ArticleBanks and hedge funds may have fueled the shock surge in money market rates,...
The unwillingness of the top four US banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in US money market rates, the Bank for...
View ArticleMeet the 8 people with new ideas about data, fees, and tech who are shaking...
The hedge fund game is dominated by big players, and it can be tough for true innovators to carve out a niche. Here are eight people making their mark with new twists on fees, data, ESG investing, and...
View ArticleOutgoing Bridgewater co-CEO Eileen Murray explains how she smashed the hedge...
Bridgewater co-CEO Eileen Murray, who will leave the $160 billion hedge fund next year, told attendees at the Project Punch Card conference on Wednesday that she is "definitely going to do something"...
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