Last Year's Stock Market Has Hedge Funds Running
After a rough end to 2014, hedge funds are entering the new year with a little more caution.The Wall Street Journal reported Monday that hedge fund leverage has fallen to a two-year low, according to a...
View ArticleACKMAN: McDonald's Stock Is 'Not Cheap' (MCD)
Hedge fund titan Bill Ackman, the CEO of $18 billion Pershing Square Capital Management, made some pretty negative comments on McDonald's Wednesday on Bloomberg TV's "The Pulse." From Bloomberg TV...
View ArticleThe Guy Accused Of Shooting His Hedge Fund Father Made It Into The Will
Thomas Gilbert Jr. — the 30-year-old socialite accused of murdering his hedge fund father — is listed as a beneficiary in his late father's will, the New York Post reports. According to the Post,...
View ArticleA Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge
Hedge fund manager Marko Dimitrijevic is closing his largest hedge fund, Everest Capital's Global Fund, having lost almost all its money after the Swiss National Bank (SNB) scrapped its three-year-old...
View ArticleThe Hedge Fund Behind That Massive Olive Garden Presentation Has Plans For...
(Reuters) - Activist investor Starboard Value LP called for office-supply chains Staples Inc <spls.o> and Office Depot Inc <odp.o> to merge, saying a combined company would lead to greater...
View ArticleThe Hedge Fund Manager Who Nailed The Oil Crash Made $1 Billion From His Bet...
Zach Schreiber, the hedge fund manager who said at the Ira Sohn Conference in May that the price of oil was headed lower made about $1 billion on his short, according to a report from Bloomberg's...
View ArticleLEON COOPERMAN TO CEO: 'I'm Trying To Figure Out... Whether Your Testicles...
Billionaire hedge fund manager Leon Cooperman–the 71-year-old founder of Omega Advisors–asked a CEO about the size of his balls on a conference call last week. It was on a conference call with...
View ArticleHedge Fund Manager Sends Investors An 'I'm Sorry' Letter For Losing All But...
Hedge fund manager Owen Li sent a letter to his investors apologizing for losing all but $200,000 of the fund's capital by acting "overzealously," CNBC's Lawrence Delevingne reports.Li, who previously...
View ArticleMost People Who Work At Hedge Funds Don't Make As Much As You Might Think
Hedge funds are known for pulling in the big bucks, and with that comes compensation. Lots of it.However, according to data from the online investor network SumZero, the majority of hedge fund analysts...
View ArticleA Few Hedge Funds Actually Killed It Betting On The Swiss Franc
When the Swiss National Bank unexpectedly removed Swiss franc's peg to the euro last week, the change made a hit investors hard. Really hard.To recap, Citigroup and Deutsche Bank both lost about $150...
View ArticleHedge Fund Billionaire Louis Bacon Files $50 Million Defamation Lawsuit...
Hedge fund billionaire Louis Bacon has filed a $50 million defamation suit in New York against his Bahamas vacation home neighbor–Canadian fashion magnate Peter Nygard. In the complaint, Bacon alleges...
View ArticleHEDGE FUND MANAGER ODEY WARNS: We've Entered A Downturn That Will Be...
British hedge fund manager Crispin Odey thinks we've entered an economic downturn that is "likely to be remembered in a hundred years," and central banks won't be able to stop it. In his Odey Asset...
View ArticleHere's How Some Hedge Funds Are Accidentally Showing Their Hand
Hedge fund managers spend their time navigating through thick piles of data and analyzing the inner workings of the companies they invest in. Understandably, they like to keep those activities on the...
View ArticleBill Ackman Has Gained $11.6 Billion For His Investors Since 2004
Hedge fund manager Bill Ackman, the CEO of Pershing Square Capital, has gained $11.6 billion for his investors since 2004, according to fund-of-funds LCH Investments NV. The 48-year-old activist...
View ArticleThis Wall Street CEO Isn't Impressed By 'Fancy Schools' — Here's What Gets...
Hedge fund manager Buzzy Geduld didn't follow a conventional path to Wall Street.Raised in a middle-class Brooklyn neighborhood, he was fired from his first two Wall Street jobs within months of...
View ArticleHedge fund and finance gods are spending their weekends doing an intense Navy...
It's not enough making billions of dollars and being masters of the universe.Today's business leaders and hedge fund gods want to get even better, so many of them are now spending their weekends at a...
View ArticleBill Ackman just made his biggest ever investment in another hedge fund manager
Billionaire activist investor Bill Ackman told The Wall Street Journal that he had committed the largest amount of money he had ever allocated to another hedge fund. Ackman, who runs $18 billion...
View ArticleActivist investors are really polite in Japan
Japan has a growing league of activist investors – and they're friendly and polite, according to The Wall Street Journal's Kosaku Narioka.The shareholders have even rebranded themselves to seem less...
View ArticleGreenlight Capital had a rough start to 2015
David Einhorn's Greenlight Capital fell 2.5% in the month of January, Bloomberg News reports citing a performance report.Meanwhile, the Standard & Poor's 500 fell 3.1% in January.Greenlight...
View ArticleThe man who was once Russia's largest foreign investor says he should've...
Hedge fund manager William "Bill" Browder was once the largest foreign investor in Russia, making his investors piles of money, but if he had to do it all over again, he never would have entered the...
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