The star of 'Billions' says hedge fund managers have one trait in common
Before filming Showtime's new drama "Billions," actor Damian Lewis met with hedge fund managers to help him prepare for his role as Bobby Axelrod, the hedge fund titan he plays in the series.While...
View ArticleMarc Lasry just made a 'very unusual' move with his junk bond fund
A junk bond fund run by billionaire Marc Lasry's Avenue Capital Management, which has experienced heavy investment losses and investor withdrawals, has stopped voluntarily reporting daily asset figures...
View ArticleHedge fund billionaire Larry Robbins is off to a terrible start
Hedge fund billionaire Larry Robbins, founder of Glenview Capital Management, is having a tough start to the year.The fund has fallen 8% in the first week of trading of the year, The Wall Street...
View ArticleDavid Tepper is suing Wall Street's nightmare stock
David Tepper is suing SunEdison, the solar manufacturing company that has seen its stock fall 84% over the past year, according to Reuters.The suit is meant to prevent SunEdison from acquiring assets...
View ArticleThe smartest money in the room is turning bearish
Hedge funds are becoming increasingly bearish, according to a report from Societe Generale's Cross Asset Research team."Starting in December last year, Hedge Fund positioning reveals a further...
View ArticleArgentina says it's finally coming to the table
Mediators between Argentina and the hedge funds that have been suing the country over around $1.7 billion in unpaid debts will come to the table in New York City on Wednesday.This isn't the first time...
View ArticleBill Ackman is getting crushed, again (VRX, HHC, HLF, QSR, PAH, MDLZ, ZTS,...
Hedge fund titan Bill Ackman's Pershing Square Holdings, the fund's publicly traded vehicle, has fallen 11.4% in 2016, according to a performance update.That performance is through January 12. Pershing...
View ArticleHedge fund manager Marc Lasry is playing in the NBA All-Star Celebrity Game...
Billionaire Marc Lasry, CEO of the $14 billion hedge fund Avenue Capital and co-owner of the Milwaukee Bucks, will be playing in the NBA All-Star Celebrity Game. Lasry, a member of Team USA, will be...
View ArticleA small group of hedge funds have been killing it amid the market chaos
Markets have been brutalized in the first two weeks of 2016, with stocks getting slammed and oil hitting a 12-year low.The year is already shaping up to be another challenging one for hedge funds.Hedge...
View ArticleHere's how the best-performing hedge fund of 2016 is crushing it
Horseman Capital Management, the London-based hedge fund led by Russell Clark, is the best-performing hedge fund in 2016.Horseman Global, a $965 million fund comanaged by Clark and Bobby Turnbull, is...
View ArticleGiant hedge fund Viking Global bought more of its 'biggest loser'
Viking Global Equities, the $30 billion-plus hedge fund led by Andreas Halvorsen, bought more Valeant Pharmaceuticals stock in the fourth quarter even after it dragged down the fund's...
View ArticleCarl Icahn's commodities bets are backfiring (LNG, FCX, CHK)
Commodities have been taken a battering, and it's taking a toll on some hedge fund managers who have made big bets on the industry.Billionaire hedge fund manager Carl Icahn's bets in the sector are...
View ArticleDavid Einhorn is long Macy's and the stock is surging
Greenlight Capital, the hedge fund led by David Einhorn, is long Macy's, according to the fund's fourth quarter investor letter.From Greenlight: We established a position in Macy's (M), the operator of...
View ArticleDAVID EINHORN'S KID: 'Dad, why don't you just short your longs and long your...
One of David Einhorn's kids gave him some investment advice:"Dad, why don't you just short your longs and long your shorts?"Einhorn's Greenlight Capital fell 3.8% in the fourth quarter, ending 2015...
View ArticleThe hedge funder who published a 99-page report to shake up Yahoo just...
Eric Jackson of SpringOwl Asset Management is becoming known for dropping in-depth presentations calling for dramatic action at companies he's invested in.For his last target, Yahoo, he strongly...
View ArticleHow 3 stocks decimated David Einhorn's investment performance
Hedge fund billionaire David Einhorn, founder of Greenlight Capital, had a year to forget in 2015."We have never had a year where so little went right," he wrote in letter to his investors on...
View ArticleChina might ban hedge funds
The China Securities Regulatory Commission and the People’s Bank of China have introduced a wave of measures to try and revive China’s fledgling financial markets over the past year. The CSRC has...
View ArticleGEORGE SOROS: 'It's always darkest before dawn'
Billionaire George Soros is the best-known, most successful hedge fund manager of all time.At 85, Soros has retired from the day-to-day operations of what is now his family-office hedge fund to focus...
View ArticleA hedge fund manager who nailed subprime is betting on a huge drop in China's...
Texas-based hedge fund manager Mark Hart III, thinks China will further devalue its currency "north of 50%."Hart, the founder of Corriente Advisors, was one of the hedge fund managers who correctly...
View ArticleBillionaire investor Steve Mandel's strategy can be summarized in one word
There is one word at the center of Steve Mandel's investment strategy: internet.Lone Pine Capital, the hedge fund led by the billionaire "Tiger Cub," is betting on companies that dominate the web in...
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