Turn your stock portfolio into your own personal hedge fund with the help of...
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View ArticleA Wall Street CEO who started out as a Walmart cashier shares his best...
Kevin Turner is on the move.The former Microsoft chief operating officer is joining Citadel Securities as chief executive officer.He will also be the vice chairman of parent company Citadel, which...
View ArticleEveryone on Wall Street is talking about a small, secretive hedge fund that...
Everyone on Wall Street is talking about a small, secretive hedge fund that is posting crazy returns.Simone Foxman and Margaret Newkirk over at Bloomberg published a great story Tuesday morning on...
View ArticleAn activist may be trying to shake up one of the biggest banks in the world —...
Jeff Ubben and his activist hedge fund ValueAct have taken a $1.1 billion stake in investment bank Morgan Stanley, according to filings with the Securities and Exchange Commission released Monday.While...
View ArticleHuge hedge fund redemptions are horrible news for the industry
The toxic mix of crummy performance and high fees are having some impact. And it’s big money: The hedge fund industry has over $3 trillion under management. And some of this money is getting antsy.In...
View ArticleThe days of swashbuckling hedge fund managers are over
Hedge funds have gone from fighting the establishment to being a part of it.That's according to contrarian hedge fund manager Hugh Hendry, who cofounded Eclectica Asset Management.He told Real Vision...
View ArticleMeet the brother-and-sister team behind one of the first cannabis-focused...
When Morgan and Emily Paxhia lost their father to cancer in 1996, the world was a different place."It was a rough end-of-life, as with any cancer," Emily told Business Insider over the phone. Their...
View ArticleTwo big hedge funds are backing away from bets against Deutsche Bank's stock...
Two leading hedge funds which made big bets on Deutsche Bank shares falling are now reducing their "short" positions, in a sign of confidence in the stability of the lender.Germany's biggest bank has...
View ArticleBrexit-backing hedge fund chief: The UK is now 'destined' for a recession and...
Crispin Odey, founder of Odey Asset Management and backer of the Vote Leave campaign, told clients to prepare for a recession and higher inflation in the wake of the Brexit vote. "The stock market...
View ArticleThere's a new 'Surprise Law Enforcement Response' app for hedge funds in case...
An agent from the Federal Bureau of Investigation approaches a hedge fund trader as he leaves the office, wanting to ask a few questions. Nervous about saying no to an official, the trader dishes, and...
View ArticleA gay asset manager is suing a London hedge fund for £1 million, accusing...
A gay asset manager who claims he was sacked by a top City hedge fund after an “unrelenting” campaign of homophobic abuse is suing his former bosses for more than £1 million. Paul Newton, 43, says he...
View ArticleJim Chanos and David Einhorn are betting against the same sector (PXD)
Jim Chanos says he's bearish on one sector: hydraulic fracturing."We remain bearish on the business model of the North American exploration and production companies,"the short seller said Tuesday...
View ArticleAnother hedge fund backed by investing legend Julian Robertson is shutting
Emerging Sovereign Group is shutting one of its hedge funds after redemptions from investors, according to people familiar with the matter.The Emerging Sovereign Master Fund, a macro strategy, manages...
View ArticleThe world's largest hedge fund is building an AI engine to manage the company
Bridgewater Associates, the world's largest hedge fund, is building an artificial intelligence engine to automate the management of the company, according to a report in the Wall Street Journal.Ray...
View ArticleThe arrests of 6 Platinum Partners executives aren't much consolation for...
NEW YORK, Dec 24 (Reuters) - When six executives of Platinum Partners, including founder Mark Nordlicht, were arrested on Monday on federal charges of running a more than $1 billion hedge fund fraud,...
View ArticleHow billionaire hedge fund titan Steve Cohen walked away from the biggest...
In her new book "Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street," author Sheelah Kolhatkar chronicles the incredible story of the biggest...
View ArticleThis is why Wall Street is able to stay one step ahead of federal investigations
In her new book "Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street," author Sheelah Kolhatkar chronicles the incredible story of the biggest...
View ArticleA hedge fund millionaire took a stand for his anti-Trump beliefs, and he...
Speaking out against your boss is never easy. And it's especially difficult when your boss is a billionaire Wall Streeter. But that hasn't stopped David Magerman from voicing his disagreements with his...
View ArticleHere's how much people working for hedge funds made in 2016
It's no secret that hedge funds have been dealing with some issues lately.High fees and lackluster performance are forcing some clients to evaluate whether they should leave their money with the once...
View ArticleHere's how many hours hedge funders worked in 2016
Everyone knows people on Wall Street work long hours.In order to get ahead, many Wall Streeters have to stay at the office late into the night, take work home with them, or both.The 2017 Hedge Fund...
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