Billionaire investor Alan Howard scored a 100% return for his hedge fund this...
A billionaire investor has scored a 100% return this year for the hedge fund he personally runs, Bloomberg reported.Alan Howard, who cofounded Brevan Howard, delivered most of the increase in his AH...
View Article2 portfolio managers featured in 'The Big Short' are set to join the new...
Tom Conheeney's new fund, which is called EmeraldRidge Advisors, is planning to add two well-known portfolio managers, Vincent Daniels and A. Porter Collins. The pair is most famous for being portrayed...
View ArticleHedge-fund boss Crispin Odey is famous for his bearish bets. Here are 10 of...
British hedge-fund boss Crispin Odey is one of the most influential and best-known fund managers in Europe.Odey Asset Management made a sizeable £115 million ($142 million) in just three weeks in March...
View ArticleHedge funds led by women outperformed their male rivals during the...
Women-led hedge funds outperformed their male rivals in the first four months of 2020, data from HFR show. Women-led hedge funds lost 3.5% in 2020 through the end of April, according to the HFR Women's...
View ArticleCoatue throttled back risk-taking in its $350 million quant fund after...
Billionaire Philippe Laffont's young quant fund, which runs $350 million, significantly reduced its exposure to the markets in early April, sources tell Business Insider.The fund relies on real-time...
View ArticleBillionaire trader Michael Hintze suffered a record 45% loss in his flagship...
Hedge-fund billionaire Sir Michael Hintze stomached a record 45% loss at his flagship fund in March and April, according to Bloomberg.The CQS Directional Opportunities Fund's loss dwarfed hedge funds'...
View ArticleA $41 billion wealth-management firm says the US economy is only 19%...
Glenmede, a firm that manages $41 billion in client assets, says the US economy has recovered only a fraction of the business and consumer activity that was lost because of the pandemic and social...
View ArticleStock-picking hedge funds are back in vogue— a welcome shift for an industry...
Years of an unrelenting bull market and passive investing dominance has brought hard times for long-short equity hedge funds, which have seen their fees squeezed and assets flee.Now, in the midst of...
View ArticleMarkets are upside down right now as young hedge fund chiefs face their first...
No crisis is the same, and there are significant differences between the recession in 2008 and the coronavirus pandemic of 2020 — but for many hedge funds, this is the first sustained economic...
View ArticleThe markets' disconnect from reality is 'overwhelming,' the manager of a $135...
As protests dominate headlines amid the coronavirus pandemic, the stock market has hummed along — finishing May up nearly 5%.Aristides Capital, a $135 million fund founded by Chris Brown, told...
View ArticleBillionaire Paul Tudor Jones says the pandemic has thrown off economic models...
Billionaire Paul Tudor Jones, the founder of $21 billion Tudor Investment Corp., compared the coronavirus pandemic to decades-old film "The Day The Earth Stood Still" in a call hosted by the Economic...
View ArticleA hedge fund that specializes in the video game industry is up 25% this year...
Saiga Capital, a young hedge fund with less than $10 million, has been one of the unlikely winners so far in the coronavirus pandemic — the video-game-focused manager is up nearly 25% through May.The...
View Article$60 billion Two Sigma just hired Goldman Sachs' first-ever chief data officer...
$60 billion quant fund Two Sigma has hired Jeffrey Wecker from Goldman Sachs to be the firm's next chief technology officer.The fund's current CTO, well-known computer scientist Alfred Spector, is...
View ArticleBill Ackman's Pershing Square reportedly files to create 'blank check'...
Pershing Square Capital founder Bill Ackman filed with US regulators for an initial public offering of a colossal buyout vehicle, CNBC reported Thursday.The billionaire investor plans to raise at least...
View ArticleBillionaire investing legend and Milwaukee Bucks owner Marc Lasry said there...
Distressed-debt investors have been aggressively raising money since the effects of the pandemic on the global economy became clear in the spring.The equity markets' bounce back has not taken away...
View ArticleMeet 10 Wall Street power players picking through up to $1 trillion in new...
Top distress investors include Avenue Capital founder Marc Lasry and Aurelius Capital founder Mark Brodsky, as well as power players from Blackstone's GSO unit and Elliott Management.Distress...
View ArticleBillionaire investor Carl Icahn dumped all of his Hertz shares at an almost...
Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday.The billionaire investor sold his 55.3 million shares for less than $40 million after the car-rental agency filed for...
View ArticleBillionaire-run hedge fund Schonfeld fired an executive assistant who added...
Meg Popkin, an executive assistant to Schonfeld Strategic Advisors' general counsel Mark Peckman, was fired for adding "Black Lives Matter" to her work email signature after the killing of George...
View Article$2.5 billion hedge fund Valinor Management, part of the sprawling web of...
Tiger Cub hedge fund Valinor Management is winding down its operations, Business Insider has learned. The fund, which is based in New York, notified vendors it was terminating relationships with them...
View ArticleA new hedge fund run by a one-time minor league baseball player is set to...
John Wolff, a portfolio manager for Leon Cooperman's Omega Advisors, is getting ready to start his own fund.Wolff, who focused on technology, media, and telecommunications, is planning on getting seed...
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