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The first half of the year was the worst stretch for hedge funds since the...
Hedge funds initially weathered the storm caused by the coronavirus pandemic, with many funds only falling slightly while markets crashed.But equity and bond markets have bounced back thanks to...
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Hedge funds regaining interest from major investors after 2 years of...
Institutional investors are turning back to hedge funds after the industry underperformed through the first half of the year, according to the latest Bloomberg Mandates survey.Of the 50 allocators...
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Ray Dalio's Bridgewater lost a years-long legal battle over trade secrets....
Bridgewater's legal battle with the small systematic-macro shop Tekmerion Capital spilled out into the public eye recently because Tekmerion's lawyer is suing Bridgewater for attorney's fees.The...
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Famed short-seller Jim Chanos reportedly made $100 million betting against...
Famed short-seller Jim Chanos made $100 million by betting against Wirecard since last year, the Financial Times reported on Friday.He increased his short bets against the German fintech group after...
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Hedge funds are overhauling the way they use alt data as even quants are...
Alternative data is an increasingly important part of hedge funds' investment processes, but the pandemic has changed the way firms use the info.Traditionally, quants and long-term stock-pickers use...
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The head of professional development at Steve Cohen's Point72 lays out how to...
Steve Cohen's Point72 Asset Management has put an emphasis on career development, according to Jaimi Goodfriend, the firm's head of investment professional development. New recruits, often straight out...
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A $400 million activist investor returned 44% in the 2nd quarter — and now...
The $400 million activist investor Legion Partners told its investors earlier this month that the best course of action for Boingo, the ubiquitous airport WiFi provider, would be a sale.Boingo began a...
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Ray Dalio's Bridgewater Associates reportedly lays off dozens of employees
Bridgewater Associates, the world's largest hedge fund, laid off dozens of employees across the firm this month, the Wall Street Journal reported Friday.The job cuts spanned Bridgewater's research...
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Billionaire Ken Griffin's Citadel has a sprawling alumni network of more than...
Billionaire Citadel founder Ken Griffin has built one of the most well-known brands in hedge-fund history, and those who have worked for him have benefitted.A Business Insider review has found dozens...
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Anthony Scaramucci's flagship fund is getting hit with a huge wave of...
About a quarter of SkyBridge Capital's investors asked to take their money out of the firm's flagship fund, which will translate to between $800 million and $900 million leaving, founder Anthony...
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Billionaire Ray Dalio's Bridgewater is having a really bad year. Inside the...
Double-digit losses in a flagship hedge fund, an arbitrator finding that it made up evidence, a lawsuit from a former executive: 2020 has been painful, even for the world's largest hedge fund.Last...
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Leaked memo: Billionaire Steve Cohen is hiring a former PDT executive who...
Cubist, the quant unit of Steve Cohen's Point72, has hired Denis Dancanet as its new head.Dancanet worked as a quant and executive for Morgan Stanley and PDT and founded a jet-propulsion technology...
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We've been tracking big hires and exits across Wall Street. Here's a look at...
There's been a mad dash for talent as Wall Street firms quickly overhauled their 2020 playbooks.Equity and debt trading have surged as a result of the financial turmoil caused by the coronavirus...
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Billionaire Cliff Asness says that going through value-investing hell has...
AQR's Cliff Asness tells Corey Hoffstein of Newfound Research that value stocks are even cheaper than during the tech bubble right now.Despite the value factor's consistent underperformance recently,...
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Here are the 8 'long-lasting implications' of the pandemic hedge-fund...
Hedge-fund billionaire Seth Klarman, in a recent letter to investors, laid out eight "lasting" changes that could come from the pandemic, ranking them in order of most likely to least likely.Some of...
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Billionaire Seth Klarman says Fed aid 'infantilized' investors and decoupled...
The Federal Reserve's emergency relief efforts are driving a "surreal" stock rally as prices decouple from fundamentals, Seth Klarman, the manager of the hedge fund Baupost Group, said in a letter seen...
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The 24 quant power players driving the future of hedge funds, from well-known...
Quants have gone from a niche practice to a dominant player — the largest and most important hedge funds in the world are heavily influenced by, or completely committed to, computer-run strategies.The...
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7 big-name hedge funds that are tanking this year as credit and quant...
After a tumultuous start to the year, many big-name managers — and the markets overall — have gotten back in the black.Still, despite the markets' rally on the backs of unprecedented monetary and...
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One hedge fund reportedly gained 30% this year by following stocks popular on...
Sender Company & Painters, a volatility hedge fund led by Adam Sender, has gained 30% this year thanks to bets for and against stocks popular on Robinhood, Bloomberg's Sonali Basak reported...
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Hedge funds are using these 10 alt-data sources to gain an investing edge and...
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 coronavirus. The top...
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