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Elliott Management says stocks could plunge another 39% from current levels,...
Stocks could fall 50% from February highs, Elliott Management wrote in a Wednesday letter to clients, Reuters reported Thursday.That forecast implies a 39% decline from current levels as investors sort...
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Ray Dalio, Adam Levinson, and other hedge fund bosses posted record losses in...
Hedge fund managers including Ray Dalio and Adam Levinson suffered record losses in March as the novel coronavirus hammered their portfolios.Around 75% of hedge funds posted losses last month,...
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AQR's former machine-learning head says it's time for quants to 'pay less...
Big-name quants were slammed in March, as their models struggled to keep up with the coronavirus-induced sell-off.AQR's former head of machine-learning, Macros Lopez de Prado, said on a webinar hosted...
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Albourne Village — a quirky online hedge fund community — is getting ready...
Albourne Partners created Albourne Village, a quirky online community for the hedge fund industry, nearly 20 years ago when the internet was still in its infancy. The firm threw a launch party for the...
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Jim Simons' Renaissance scored a 39% gain in its flagship Medallion fund as...
Jim Simons' Renaissance Technologies posted a 39% gain before fees at its flagship Medallion fund this year through April 14, The Wall Street Journal reported.The Cold War codebreaker's hedge fund...
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Billionaire investor Leon Cooperman dumped millions of shares in newspaper...
Billionaire Leon Cooperman, one of newspaper conglomerate Gannett's biggest investors, sold roughly half of his stake in the company at a loss earlier this month, filings show.The sale came when the...
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A hedge fund manager who dominated the last financial crisis posted a 26%...
East Lodge Capital founder Ali Lumsden was among the few to post huge gains during the financial crisis, but his main fund slipped 26% in March amid the coronavirus pandemic, Bloomberg reported...
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We read through billionaire Paul Singer's latest letter to Elliott investors....
Billionaire Paul Singer's latest letter to investors predicted an even steeper drop in stocks due to the effects of the novel coronavirus pandemic, but also warned about doomsday scenarios unrelated to...
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7 hedge funds that scored big gains during the market meltdown
Jim Simons' Renaissance Technologies, Bill Ackman's Pershing Square, and the "black swan" fund Universa Investments posted big gains during the recent coronavirus sell-off.They bucked the industry...
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Tiny hedge funds gained as much as 500% last quarter as their bets against US...
Three small hedge funds posted big gains last quarter as their bets against US shale producers paid off.Kalkriese Capital Partners gained 300%, Exo Trading gained 500%, and Saltstone Capital gained...
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'The world will look different': Billionaire investor Ray Dalio predicts the...
Ray Dalio discussed how the coronavirus pandemic might reshape the US economy in a LinkedIn Live interview on Tuesday.The billionaire co-chief of Bridgewater Associates predicted it would spur people...
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A former Point72 portfolio manager just broke through the industry-wide chill...
Charlie Antrim's Walnut Level Capital is up and running in Colorado.The former Point72 portfolio manager worked for Steve Cohen for more than 15 years, originally as an analyst at Point72's predecessor...
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'One of the most ridiculous deals that I've ever seen': Carl Icahn blasted...
Carl Icahn blasted Occidental Petroleum's financing deal with Warren Buffett once again after the oil refiner paid its dividend to Berkshire Hathaway in stock this month."I can't argue with you that it...
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RBC: The world's biggest investors are piling into these 11 high-growth...
Lori Calvasina of RBC Capital Markets reveals the favorite high-growth stocks of hedge funds at the end of 2019.She says the stocks the funds overweighted have beaten the rest of the market so far in...
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Warren Buffett may have ditched airline stocks and spent $20 billion on stock...
Warren Buffett may have sold his airline stakes and spent more than $20 billion on stock buybacks last quarter, Chris Bloomstran, head of Semper Augustus Investments, told Business Insider.The...
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The chief data officer at $6 billion hedge fund Balyasny explains how to...
Wall Street firms are increasingly looking to merge quantitative and fundamental trading strategies in hopes of getting the best out of humans and machines.Carson Boneck, chief data officer at...
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The CEO of an AI-powered hedge fund that gained as other computer-driven...
Toronto-based hedge fund Castle Ridge Asset Management made 2.6% in March when well-known quants like Bridgewater, Renaissance Technologies and Schonfeld Strategic Advisors were slammed. The hedge...
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'The virus is popping the bubble': 'Black swan' funds scored a record 57%...
"Black swan" funds are up a record 57% this year after profiting from the market meltdown, according to the CBOE Eurekahedge Tail Risk Hedge Fund Index.Universa Investments, which is advised by "The...
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Companies in ailing sectors like energy and retail are adopting poison pills...
Over the past two months, at least 41 companies adopted poison pill contracts or filed to put them to a shareholder vote. Poison pills limit the stakes activist investors can take by giving the company...
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Billionaire investor Bill Ackman has 'enormous respect' for Tesla chief Elon...
Billionaire hedge fund manager Bill Ackman lauded Tesla and SpaceX CEO Elon Musk on the latest episode of The Knowledge Project podcast."I admire people like Elon Musk, I admire people who take on...
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