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Hedge funds are betting on you
A new report shows which industries some of the world’s biggest hedge funds are investing in.And the short version is that they're betting on you, the consumer. The world’s ten largest long/short...
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Goldman Sachs made a killing in one of its most promising businesses
Goldman Sachs just netted a big profit in one of its most promising businesses.The investment bank took minority stakes in prominent hedge funds, including Winton Capital and Capula Investment...
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This has been the worst year for Wall Street's 'bros' in a long time
The "bros" on Wall Street are having a rough 2016.Now by "bros," I don't mean former frat boys still clinging to their cargo shorts despite the salary afforded to them by their grown-up job at...
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There is a gaping hole in the hedge fund business, and it is killing the...
There's a massive mismatch in the hedge fund industry.Hedge fund investors are expecting too much, and the hedge funds themselves are underdelivering.BNY Mellon and FT Remark on Tuesday released the...
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There has been a big change at a hedge fund launched by former JPMorgan traders
A hedge fund founded by JPMorgan traders has gone through a C-suite shakeup.New York-based Linden Advisors appointed Vincent Leva, its former director of operations, to CFO at the start of this month....
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A controversial hedge fund manager has been charged with fraud
NEW YORK (Reuters) — The powerful head of New York City's prison guard union and a hedge fund financier were arrested early on Wednesday morning, the latest fallout from a wide-ranging corruption probe...
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The secret to investing in hedge funds
Hedge funds have taken a beating lately, with some of the most prominent managers performing badly.The first quarter was so bad that Third Point's Dan Loeb described the period as a "hedge fund killing...
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Carl Icahn doesn't know what to think about Valeant
Carl Icahn doesn't know what to think about what is arguably the most controversial stock on Wall Street, Valeant Pharmaceuticals, but he knows he wouldn't buy it.Here's what he said in an interview...
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Investing legend Stan Druckenmiller is making one of his biggest investments...
One of the hedge fund industry's legendary investors is backing one of the most high-profile hedge fund launches of the year.Stanley Druckenmiller is said to be making his second-biggest investment in...
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The investment world has a new 'haute couture'
The investment world has a new haute couture."The 'House of Quant' has firmly established itself as the hedge fund industry's most fashionable strategy due to its high quality product," Credit Suisse...
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Hedge funds are asking for a tool to stop another LendingClub disaster — this...
A US company building a verification tool for peer-to-peer loans to make sure the people behind them are genuine has seen a spike in demand from banks and hedge funds to use the product, which has yet...
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A controversial hedge fund is returning money to investors after an associate...
NEW YORK (Reuters) — Platinum Partners, the hedge fund firm linked to a New York City corruption scandal, is returning a majority of its assets to clients, according to a person familiar with the...
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Big investors are yanking their money out of hedge funds — here's where...
Investors are fleeing hedge funds and moving their money to a handful of private equity funds.A quarter of limited partners, or institutional private equity investors, plan to reduce their exposure to...
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There's something worrying going on in corporate America
Shareholder activism is an expensive venture.True, sending a tweet that you're buying Apple shares, like Carl Icahn does, costs very little. But if you wind up in a full-blown fight for shareholder...
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Jim Chanos has a new thing that should 'scare the heck out of everybody'
The good people of New York City's Harmonie Club decided to honor short seller James Chanos, founder of hedge fund Kynikos Associates, on Tuesday night for just generally being a mensch.Unfortunately,...
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A big-name hedge fund manager at Visium has turned himself in to the feds
Sanjay Valvani, a portfolio manager who worked at Jacob Gottlieb's Visium Asset Management, turned himself in to the federal authorities Wednesday morning.Valvani was charged with netting about $25...
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An iconic hedge fund just switched up its C-suite
An iconic investment firm just switched up its head of compliance.Tiger Global Management, which manages about $24 billion across mostly venture capital and hedge funds, has promoted Greg Seidell to...
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Steve Cohen has banned hiring from under-fire hedge fund Visium
Visium employees, take note: Steve Cohen doesn't want you.Point72 Asset Management, the investment firm led by Cohen, is not hiring from Visium Asset Management, the controversial hedge fund that on...
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A big insurance firm was just downgraded because of Lynn Tilton
Standard & Poor's has cut MBIA Insurance's credit rating from B to CCC on fears that it will have to pay a $700 million claim for one of Patriarch Partners CEO Lynn Tilton's credit funds.Since last...
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REPORT: The investment firm at the heart of an insider trading case is...
Visium Asset Management, the hedge fund at the heart of an insider trading investigation, is selling a fund to AllianceBernstein, according to Sarah Krouse and Rob Copeland at The Wall Street...
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