Clik here to view.
'This is so hard!': Inside a 2-day virtual gathering of value investors...
Value investors, who seemed poised to take control during the initial market crash from the pandemic, have been steamrolled by rising markets. That followed years of underperformance, as the...
View ArticleClik here to view.
Coatue is returning all outside capital in its $350 million quant fund after...
Billionaire Philippe Laffont's Coatue Management is returning outside capital in the firm's quant fund to investors, sources tell Business Insider.The fund, started roughly a year ago, ran around $350...
View ArticleClik here to view.
Billionaire Bill Ackman says he thinks of Pershing Square more like a...
Billionaire Bill Ackman, founder of Pershing Square, said that a top candidate for his exclusive investment team has spent time in a top-notch investment banking program as well as a private equity...
View ArticleClik here to view.
Credit-card data is broken. Here's how hedge funds and banks are trying to...
Credit-card data is one of the original alternative-data streams used by hedge funds and other investors.But the pandemic has disrupted consumer spending habits, and data vendors have been forced to do...
View ArticleClik here to view.
‘Elizabeth Warren is right’: Activist investor Jeff Ubben quits his $16...
Jeff Ubben is leaving $16 billion hedge fund ValueAct Capital to start a new fund focused on environmentally and socially responsible investing, The Financial Times reported Tuesday.The activist...
View ArticleClik here to view.
'It's been tough for us': Day traders are trouble for investors, $100 billion...
Professional investors are struggling to deal with the day traders piling into markets, Man Group CEO Luke Ellis said at Bloomberg Invest Global on Wednesday."It's hard to play poker with someone you...
View ArticleClik here to view.
The head of Point72's Cubist quant-trading unit is joining one of billionaire...
Ross Garon, the leader of Steve Cohen's quants, is joining Izzy Englander's Millennium, sources tell Business Insider.Cohen told Point72 staff in March that Garon would be retiring from the firm in the...
View ArticleClik here to view.
Short-sellers have raked in more than $1.2 billion on Wirecard this week...
Hedge funds have made profits of over $1 billion betting against Wirecard in the last week, the Financial Times reported. Wirecard filed for insolvency on Thursday after tumultuous week which saw its...
View ArticleClik here to view.
Macro hedge funds are back in demand as investors look to ride out market...
Most hedge funds struggled during times of extreme market volatility, according to a new report from JPMorgan.But one subsector of the industry, macro managers, have thrived in market chaos, JPMorgan...
View ArticleClik here to view.
JPMorgan breaks down how COVID-19 nearly destroyed one of the market's safest...
A relatively obscure but cushioned part of the bond market nearly collapsed in March amid the coronavirus-induced crisis. JPMorgan strategists recently detailed the breakdown in so-called basis trading...
View ArticleClik here to view.
Billionaire John Paulson, who netted $20 billion from the 2008 'Big Short'...
John Paulson has quit the hedge fund world to focus on turning his business into a family office investment firm, according to Bloomberg."With one chapter closing, a new one is beginning for me and I...
View ArticleClik here to view.
'Capital markets are not free': Billionaire investor Ray Dalio says the Fed...
Billionaire hedge-fund manager Ray Dalio said the Federal Reserve is boosting markets, conventional valuation metrics don't apply anymore, and the US dollar could lose its appeal in a Bloomberg...
View ArticleClik here to view.
A handful of multi-strategy hedge funds posted huge gains in the first half...
Multi-strategy hedge funds have made massive gains in the first six months of the year aided by the Federal Reserve's efforts to prop up financial markets, according to the Financial Times. The big...
View ArticleClik here to view.
$60 billion quant fund Two Sigma just hired Goldman Sachs' first-ever chief...
$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 ArticleClik here to view.
A majority of financial services companies plan to double-down on AI and...
Investments in cloud computing and other digital technologies helped ensure the financial services industry's resilience during coronavirus pandemic.Now, those investments are poised to accelerate for...
View ArticleClik here to view.
Here's how Anthony Scaramucci's SkyBridge offloaded stakes in 2 funds after...
Anthony Scaramucci's SkyBridge Capital sold stakes in two credit funds after a bumpy March, per a letter reviewed by Business Insider. The letter provides a glimpse into the opaque world of secondaries...
View ArticleClik here to view.
Market bear Crispin Odey sees hedge fund massively underperform with 17.9%...
Crispin Odey's main fund tumbled 17.9% in the first half of 2020, significantly underperforming the 3.5% loss seen throughout the hedge fund industry, Bloomberg reported Wednesday.The Odey European...
View ArticleClik here to view.
Hedge funds plunged a record 7.9% in the first half of the year as the...
Hedge funds lost a record 7.9% on an asset-weighted basis in the year's first half, according to data from Hedge Fund Research. None of the hedge funds' four major strategies made money in the first...
View ArticleClik here to view.
Distressed-debt investor Jason Mudrick says the 'sheer size' of this distress...
Jason Mudrick believes he's going to be very busy over the next three-to-five years — the distressed investing expert sees trillions in opportunities, and he said it's only the "first inning" of the...
View ArticleClik here to view.
$33 billion Citadel just poached an AQR exec for a new leadership role to...
Ken Griffin's Citadel is adding AQR's head of trading in a new role for the Chicago-based firm: head of fixed-income trading.Isaac Chang was the head of trading at AQR since 2016, according to his...
View Article