The COO of billionaire Steve Tananbaum's GoldenTree Asset Management is out...
Steve Tananbaum's GoldenTree Asset Management recently lost its COO, Bill Christian, sources tell Business Insider.Christian, according to his LinkedIn profile, was a partner as well as the chief...
View ArticleBridgewater co-CEO Eileen Murray — one of the most powerful women in finance...
Eileen Murray — one of the most powerful women in finance and the departing co-CEO of Bridgewater — told attendees at the SuperReturn conference in Berlin that hedge funds and banks need to do a better...
View ArticleHedge fund billionaire Jim Simons is betting millions on a small biotech firm...
Hedge fund billionaire Jim Simons is backing biotech firm Codagenix and its development of a potential coronavirus vaccine, Bloomberg reported Wednesday.The founder of Renaissance Technologies holds at...
View ArticleCitadel, BlackRock, and D1 Capital are racking up hundreds of millions in...
Ken Griffin's Citadel, Larry Fink's BlackRock, and Daniel Sundheim's D1 Capital led the money managers are gaining from short positions on stocks hit hard by the coronavirus.Citadel made millions on...
View ArticleBillionaire Citadel founder Ken Griffin explains why he modeled his firm...
Billionaire Citadel founder Ken Griffin said the best advice he ever got was "spend your time with your strongest colleagues."Griffin said this advice goes against many people's intuition to help those...
View ArticleSteve Cohen just told staff that the head of Point72's Cubist unit is leaving...
The head of Point72's Cubist unit, Ross Garon, is retiring and leaving the firm at mid-year, according to a memo from billionaire Steve Cohen sent this morning.Previously, Garon worked at D.E. Shaw,...
View ArticleMeet the hedge fund wunderkind looking to oust Twitter CEO Jack Dorsey
Jack Dorsey's tenure at the helm of Twitter may be nearing its end after hedge fund Elliott has built a more than $1 billion stake in the social media company and is demanding a full-time CEO.One of...
View ArticleMarket volatility has returned and so could faith in the value investing...
Billionaire Seth Klarman's investing philosophy has been in something of a rut for years.But comparing his recent writings to investors to his nearly 30-year-old book show that he hasn't changed the...
View Article'One of those once in 100 years catastrophic events': Billionaire Ray Dalio...
The coronavirus is a once-in-a-lifetime epidemic that will squash those who don't defend for a worst-case scenario, Bridgewater co-founder Ray Dalio wrote in a Tuesday LinkedIn post.The billionaire...
View ArticleInside the alt-data world's 'unhedgeable risk': What happens when data...
Recent congressional inquiries into Envestnet's Yodlee and Avast's Jumpshot highlight the risks aggregators of alternative data and their hedge-fund clients have as they rely on datasets that could...
View ArticleJPMorgan is warning novice private-credit investors what a downturn means in...
One of the most popular alternative investing strategies over the last five years has been private debt, thanks to low interest rates and banks stepping back due to more onerous regulations.JPMorgan...
View ArticleThese 3 hedge fund giants dominated through February's steep coronavirus...
A group of hedge funds soared past the sinking market to outperform their peers in February.The month saw equities reach a record high on February 19 before tanking deep into correction territory the...
View ArticleBillionaire investor Steve Cohen is reportedly raising money for a new fund...
Billionaire investor Steve Cohen is stepping outside the hedge fund industry and creating a private-markets fund, The Wall Street Journal reported Friday.The fund, named Point72 Hyperscale, will act as...
View ArticleJulian Robertson's Tiger Management is at the center of a...
Julian Robertson's network is one of the most sprawling in any industry — the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of...
View ArticleMassive hedge fund Bridgewater just made a $9.5 billion bet against giant...
Bridgewater made a more than $9.5 billion bet against Europe with short positions in more than a dozen of the continent's most well-known companies.Companies include banks like Spain-based Santander...
View ArticleThese volatility and macro-focused hedge funds are soaring as much as 14% so...
Chris Cole's Artemis Capital, an Austin-based hedge-fund firm with three funds, has racked up gains while the markets tank. A recent stat sheet shows that Artemis' Vega flagship fund has returned more...
View ArticleA popular trading strategy that preserves hedge funds during stock-market...
Risk parity, an investing strategy that allocates to different asset classes based on their levels of volatility, was once hailed as "nirvana" by Morgan Stanley's equities chief.However, it took a...
View ArticleHedge funds are using these 10 alt-data sources to gain an investing edge as...
With companies revising their forecasts and governments scrambling to put out up-to-date statistics, more investors are turning to alternative data to gauge the impact of the global spread of...
View ArticleRay Dalio was blindsided by the coronavirus market rout, and now his flagship...
Ray Dalio was blindsided by the market sell-off sparked by coronavirus this month, he told the Financial Times.The billionaire founder of Bridgewater Associates didn't pull out of stocks, commodities,...
View ArticleBillionaire Lee Ainslie is looking to 'take advantage of the panic and...
Billionaire Lee Ainslie's Maverick Capital is buying managed-care stocks, as well as "secular winners" in "Chinese internet land" during the market selloff caused by the novel coronavirus.The strategy...
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