More WFH, less business travel, and flexible office spaces: The CEO of $104...
The post-pandemic office could look very different. Firms like Nationwide and Barclays have already made comments about limiting the number of employees that need to physically be in the office in the...
View ArticleCredit market expert Dan Zwirn says opportunities in retail, airline, and...
Longtime credit investor Dan Zwirn, currently the CEO of $1.3 billion Arena Investors, laid out how the pandemic has created opportunities for investors like himself in industries like aviation,...
View ArticleCredit Suisse just shut down its $519 million computer-run QT Fund after a...
Credit Suisse's quant hedge fund QT closed this week, several sources told Business Insider.The hedge fund was run by Nicholas Bra nca and had more than $600 million in assets last year.When the fund...
View ArticleSteve Cohen's former right-hand man is launching his own fund. Here's...
Tom Conheeney, a former executive at Point72's predecessor SAC Capital, is launching his own hedge fund, EmeraldRidge Advisors, in the first quarter of 2021.Sources say the firm will make the executive...
View ArticlePaul Singer's Elliott Management reportedly called gold 'one of the most...
Hedge funds are betting on gold in 2020 as an attractive way of getting returns amid unprecedented central bank stimulus during the coronavirus pandemic, the Financial Times reported Tuesday.Elliott...
View ArticleBill Ackman turned $27 million into $2.6 billion as the coronavirus ravaged...
Pershing Square Capital Management founder Bill Ackman was known for colorful statements well before his notorious March 18 CNBC interview.The billionaire investor is among the few to win out through...
View ArticleThe pandemic has created a new set of alt-data devotees — and sparked a gold...
Alternative-data companies have helped investors and companies wrap their heads around the huge impact of the novel coronavirus.A mix of market uncertainty, the need for timely data, and hopes of...
View ArticleBANK OF AMERICA: Hedge funds are more defensively positioned than ever as...
Hedge funds posted an "extreme rotation" out of cyclical stocks after the end of the first quarter as managers brace for a potential market downturn, Bank of America analysts wrote Wednesday.Such funds...
View ArticleBig-name hedge funds like Third Point, Sculptor, Renaissance, and several...
April was a good month for markets and the hedge funds that bet on them.Managers across the board made money, including quants, credit managers, concentrated equity managers, and activists.Few managers...
View ArticleA hedge fund advised by Nassim Nicholas Taleb posted a 4,000% return. Here...
As the coronavirus pandemic spread across the globe, the stock market plunged more than 30%.While most investors suffered from the drop, one hedge fund provided its clients with returns in excess of...
View ArticlePIMCO has raised $5.5 billion for private credit funds despite a hellacious...
Credit funds, especially those with exposure to structured credit like mortgage-backed securities, were flattened in a disastrous March, and many were forced to sell at a loss to meet margin calls from...
View ArticleBlackstone's real-estate dealmakers; the investment banker of the future
Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. If you aren't yet a subscriber to Wall Street Insider, you...
View ArticleBen Axler, the founder of $330 million short-seller Spruce Point Capital,...
While the stock market has bounced back from its March collapse, Ben Axler, founder of $330 million short-seller Spruce Point Capital, believes there's still a correction to come. He's eyeing the...
View ArticleMore remote work, less travel, and a new appreciation for work-life balance:...
The the coronavirus pandemic has caused financial services companies, like many other industries, to adjust in record time to new working conditions.From having to adjust to working from home to...
View ArticleHedge funds posted their best month since the financial crisis in April amid...
Hedge funds notched their best month in more than a decade in April as the broad market rally lifted nearly all risk assets from late-March lows.Eurekahedge's Hedge Fund Index jumped 3.7% last month,...
View ArticleBill Ackman turned a $27 million bet into $2.6 billion in a genius...
The hedge fund billionaire Bill Ackman is among few who minted a multibillion-dollar profit during the throes of the coronavirus pandemic. The famed investor turned a relatively modest $27 million bet...
View ArticleA billionaire investor dubbed 'the next Warren Buffett' took $300 million...
Hedge-fund billionaire Seth Klarman, widely seen as "the next Warren Buffett," bought into Google and Facebook in the first quarter.Klarman's Baupost Group revealed an almost $350 million stake in...
View ArticleA billionaire investor dubbed 'the next Warren Buffett' took $300 million...
Hedge-fund billionaire Seth Klarman, widely seen as "the next Warren Buffett," bought into Google and Facebook in the first quarter.Klarman's Baupost Group revealed an almost $350 million stake in...
View ArticleJim Simons' Renaissance pulled $1.2 billion out of Tesla and slashed its...
Renaissance Technologies cut its Tesla, Amazon, and Starbucks holdings in the first quarter.The quantitative hedge fund, founded by Cold War codebreaker Jim Simons, sold more than 80% of its Tesla and...
View ArticleMacro managers have been the stars of the pandemic-stricken markets. Here's a...
April was another strong month for some of the biggest macro managers in the business, including Alan Howard, Paul Tudor Jones, Greg Coffey, and more.Unlike other types of investors, macro managers...
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