Browsing: Hedge Funds
Archegos hedge fund founder Bill Hwang goes on trial for allegedly inflating stock values before a meltdown that cost banks and brokerages over $100bn
A prosecutor portrayed Bill Hwang, the founder of Archegos Capital Management, as a greedy man hoping to become a Wall…
The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86
Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm,…
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an…
‘A four-day workweek is coming,’ billionaire Mets owner Steve Cohen declares—and you can thank the rapid rise of AI
A four-day week is imminent, hedge-fund titan and billionaire New York Mets owner Steve Cohen told Andrew Ross Sorkin on…
Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor shares how he could rake in $25 million
When rumors began swirling online that FTX was in trouble, one of the crypto exchange’s customers, Louis d’Oringy, took no…
“I think that I’m a little contrarian in that I continue to believe in office,” KDM Financial CEO Holly MacDonald-Korth…
Just weeks after billionaire activist investor Carl Icahn secured two seats on the board of American Electric Power Co., the…
‘Markets are brutal’: China’s hedge funds flail in pre-Lunar New Year ‘quant quake’ as authorities promise more regulation
China’s quantitative hedge funds are admitting to unprecedented failures by their stock-trading models during one of the wildest two-week stretches…
Banner week for billionaire investor Carl Icahn – a total of four board seats at JetBlue and American Electric Power will go to deputies as Icahn celebrates his 88th birthday
The corporate raider Carl Icahn might be on a new streak as of today, his 88th birthday. JetBlue Airways announced…
It’s ‘not financial analysis, it is finger painting’: Billionaire investor rips new paper that tells investors to only buy stocks
Three finance professors have ruffled the feathers of one of Wall Street’s most vocal hedge fund managers with a new…