Clik here to view.
Bill Ackman goes to Congress
Hedge fund billionaire Bill Ackman will testify before the US Senate on Wednesday and answer questions about his relationship with Valeant Pharmaceuticals.Ackman sits on the board of the embattled...
View ArticleClik here to view.
DAN LOEB: We just saw 'one of the most catastrophic periods' for hedge funds...
It's been a rough several months for hedge fund investors. And Third Point's Dan Loeb thinks this period has been the toughest since Third Point opened up shop in December 1996. At the top of his...
View ArticleClik here to view.
Elizabeth Warren gets a go at hedge fund billionaire Bill Ackman
Hedge fund billionaire Bill Ackman will testify before the US Senate Special Committee on Aging on Wednesday.He's been called to speak about one of his major investments, Valeant Pharmaceuticals, and...
View ArticleClik here to view.
BILL ACKMAN: 'Of course' I regret Valeant
Activist investor Bill Ackman says "of course" he regrets investing in Valeant, the former stock market darling that has been hit with SEC investigations, Senate investigations, and a precipitous...
View ArticleClik here to view.
Billionaire fund manager Steve Cohen: 'My worst fears were realized' in February
There are more hedge funds today than there have ever been in history, says billionaire Steve Cohen, and it's bringing about one of his worst fears."One of my biggest worries is that there are so many...
View ArticleClik here to view.
This is how billionaire Steve Cohen got into trading stocks
Billionaire fund manager Steve Cohen of family office Point 72 (former hedge fund SAC Capital) got pretty personal at the Milken Global Conference in Los Angeles on Monday.During a talk about the...
View ArticleClik here to view.
Now we know why investors have been getting walloped
Investors have been having a terrible time of it.Only 38% of funds are beating their benchmark for the year to date, according to JPMorgan. Only 35% of quant funds are doing so.That compares with 49%...
View ArticleClik here to view.
JIM CHANOS: We're short Valeant and Tesla (VRX)
Legendary short-seller Jim Chanos is not convinced that Valeant will turn itself around.He is also short Tesla and SolarCity, he said Wednesday."We're still short Valeant," Chanos said in an interview...
View ArticleClik here to view.
David Einhorn is short Caterpillar (CAT)
Billionaire hedge fund manager David Einhorn is short Caterpillar. Shares of the company tumbled in after-hours trading after he disclosed the position Wednesday.The Greenlight Capital president...
View ArticleClik here to view.
These are the 24 stocks that hedge funds love
Hedge funds have huge positions in Comcast, McDonalds, Time Warner and Alphabet, according to a research note published by JPMorgan on Wednesday.Mutual funds and hedge funds have been having a tough...
View ArticleClik here to view.
Jim Chanos has a new target you've never heard of, and it is all to do with...
Billionaire short-seller Jim Chanos just announced a new short position — in a South Africa-based telecoms company.The Kynikos Associates founder announced he was short MTN Group at the 2016 Ira Sohn...
View ArticleClik here to view.
Hedge funds are shaking up the companies behind the brands you know and love
Activist investors have their sights set on household consumer names.That's according to Goldman Sachs' global cohead of consumer retail and healthcare banking, Kathy Elsesser.She spoke about activist...
View ArticleClik here to view.
Hedge funds have had a torrid time ― here is what they're betting on now
Hedge funds firms are changing their bets as they seek to recover from a rocky start to the year. They're betting that markets will stabilize and be less volatile, but are doing so by betting on...
View ArticleClik here to view.
INVESTOR: Hedge funds are facing their own Uber moment
Hedge funds are getting hit by a double whammy of declining performance and fed-up investors pulling their money.While the first problem may be a function of short-term market troubles, the second...
View ArticleClik here to view.
Here's what the future of hedge funds looks like
There was a ton of chatter about the hedge fund industry in the past week from both well-known hedge fund managers and the asset allocators who invest with them. A sampling:The CIO of the NY state...
View ArticleClik here to view.
We just got insight into what Bill Ackman wants Valeant to do next
Activist hedge fund manager Bill Ackman has some thoughts on what Valeant should do next.He recently urged the former CEO of Valeant to go public with plans to IPO part of its subsidiary, Bausch &...
View ArticleClik here to view.
The most powerful woman hedge fund manager in the world is crushing it
Leda Braga is the first woman ever to have made the cut to Institutional Investor's annual list of richest hedge fund managers.As the head of Geneva-based Systematica Investments, Braga earned about...
View ArticleClik here to view.
A hedge fund manager you've never heard of made $300 million last year
Institutional Investor just released its annual hedge fund manager rich list, and there's a noteworthy new addition.Joseph Edelman, whose Perceptive Life Sciences Fund was a top performer last year,...
View ArticleClik here to view.
Legendary hedge fund manager Jim Simons made $1.7 billion last year ― here's...
Jim Simons, the investor who founded the hedge fund Renaissance Technologies, made $1.7 billion last year, according to Institutional Investor.Simons ranked second on the publication's annual hedge...
View ArticleClik here to view.
Larry Summers just threw epic shade about tax breaks right in a...
It's hot here in Las Vegas, so it's a good thing that former US Treasury Secretary Larry Summers brought shade to the desert.On Wednesday morning, at the SkyBridge Alternatives hedge fund conference,...
View Article