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A new investor letter from billionaire hedge-fund manager Izzy Englander lays...
Summary List PlacementEurekahedge called last year the best stretch for hedge funds in over a decade and billionaire Izzy Englander wouldn't argue with that assertion.Millennium, with its nearly $50...
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These were the top 15 highest-earning hedge funders in 2020
Summary List PlacementHedge funds raked in big profits in 2020 amid a historically volatile market landscape.The leaders of 15 hedge funds earned a combined $23 billion last year, according to a...
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The hedge funder whose GameStop short bets led to a 53% January loss took...
Summary List PlacementGabe Plotkin, the founder of short-seller Melvin Capital, took home $846 million in 2020, netting him a spot among the top hedge fund earners last year, according to Bloomberg. In...
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Billionaire Alan Howard's hedge fund Brevan Howard just hired a longtime...
Summary List PlacementBrevan Howard is adding a big name in New York.The $11 billion hedge-fund manager run by billionaire Alan Howard poached longtime Goldman Sachs mortgage trader Morad Masjedi,...
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Three hedge funds that focus on cannabis generated eye-popping returns by...
Summary List PlacementIn the middle of 2019, Jason Wild was facing what he says felt like the "absolute destruction" of the fledgling cannabis industry.His firm, JW Asset Management, manages over $2.2...
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Volatility expert Christopher Cole warns that Wall Street needs to wake up to...
Summary List PlacementGameStop's slogan — "Power to the Players"— seems oddly prescient now. The brick-and-mortar video-game retailer's stock was the center of a market frenzy that many on one side —...
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Reddit day traders wanted to beat Wall Street to prove the system is rigged....
Summary List PlacementKeith Gill, the day-trading member of the Reddit group Wall Street Bets who is widely credited with igniting the recent GameStop trading frenzy, claimed in late January that he...
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What you need to know in markets this week: Bitcoin and beyond; 'Hey big...
Summary List PlacementLast week saw some game-changing events for the cryptocurrency market, which pushed the prices of bitcoin, ether and others to record highs. Meanwhile, on the commodities front, a...
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GOLDMAN SACHS: These 40 heavily shorted stocks could be the next GameStop if...
Summary List PlacementThe GameStop short squeeze and stock bonanza might have felt like a once-a-decade or once-in-a-lifetime event, but Goldman Sachs says it could happen again, and soon.Even if there...
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The CEOs of Robinhood, Reddit, Melvin Capital, and Citadel, as well as...
Summary List PlacementThe CEOs of brokerage app Robinhood, social-media site Reddit, hedge fund Citadel, and investment-management firm Melvin Capital will testify as part of a House hearing into the...
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Longtime Goldman Sachs trading exec Michael Daffey is out, joining a stream...
Summary List PlacementGoldman Sachs markets division chairman Michael Daffey is leaving the bank after a 28-year career. Daffey will leave next month, according to a memo seen by Insider and confirmed...
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Billionaire Seth Klarman's Baupost pumped nearly $200 million into 6 new SPAC...
Summary List PlacementLegendary value investor Seth Klarman has found a new favorite bet: SPACs. The Boston-based billionaire pumped $195 million into a half-dozen special-purpose acquisition companies...
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The hedge fund that lost 53% in January betting against GameStop bought $1.3...
Summary List PlacementMelvin Capital Management, the hedge fund at the heart of the GameStop saga that captivated observers in January, bought 4.66 million Facebook Class A shares valued at $1.27...
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Citadel's Ken Griffin and Melvin Capital's Gabe Plotkin are about to get...
Summary List PlacementThe men — and it's almost always men — who run hedge funds don't speak publicly, and they definitely don't like doing so in front of Congress. But compared to the last time...
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9 investors are set for a huge windfall as Lucid Motors speculation sends a...
Summary List PlacementSeth Klarman isn't the only big-name investor enjoying the SPAC boom.Dozens of hedge funds and money managers have pumped millions into special-purpose acquisition companies...
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Billionaire Ken Griffin is testifying before Congress about the GameStop...
Summary List PlacementIt seems that wherever you look in the GameStop frenzy, there's a Ken Griffin connection. On Thursday, Griffin will testify before Congress as part of a hearing examining the...
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Rep. Brad Sherman rips into Citadel CEO Ken Griffin: 'You are wasting my...
Summary List PlacementRep. Brad Sherman accused Citadel CEO Ken Griffin of "wasting his time" during a Congressional hearing about January's GameStop stock trading frenzy on Thursday. Sherman, a...
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Read the memo Bridgewater's CEO sent staff about a leadership shake-up at the...
Summary List PlacementThe largest hedge fund is shuffling its top ranks again. Bridgewater Associates has appointed Nir Bar Dea to the newly created role of deputy chief executive, CEO David McCormick...
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Wall Street people moves of the week: Here's our rundown of promotions and...
Summary List PlacementHere's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know.Shawn Joshi, the head of index credit trading at Morgan Stanley,...
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Goldman Sachs says these are the top 15 SPACs hedge funds are betting on...
Summary List PlacementThe boom in blank-check companies is showing no signs of slowing down. Roughly five special purpose acquisition companies have gone public every trading day this year, according...
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