Bridgewater Associates cut 7% of staff, or about 90 people. The hedge fund, which manages $172 billion, is known for its radical transparency and high turnover. The company last laid off people in 2023 to cut costs and free up resources Bridgewater Associates cut 7% of its staff on Monday in an effort to stay […]
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on […]
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Israel Englander‘s Millennium Management has made sweeping adjustments to its portfolio, including a remarkable 91,046.15% increase in Alibaba Group Holding Ltd. (NYSE:BABA) call options and a 94.69% increase in Broadcom Inc. (NASDAQ:AVGO) direct holdings, according to its third […]
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on […]
As the moderator for the ‘Alpha Generators: Uncovering Asia’s Best Emerging Talent’ panel at iConnections Global Alts Asia 2024, I had the privilege of facilitating a discussion on the opportunities and challenges in Asia’s hedge fund market. Against the iconic backdrop of Marina Bay Sands in Singapore, the session brought together leading allocators and fund […]
While many are still celebrating the stock market’s stellar 2024, the smart money on Wall Street has already shifted to a defensive mode at the turn of the calendar. Hedge funds were net sellers of U.S. stocks in each of the five sessions from Dec. 27 to Friday Jan. 3, dumping shares at their fastest […]
Hedge fund titan and Milwaukee Bucks co-owner Marc Lasry is used to making headlines for billion-dollar deals and mega political donations. But the wealthy Moroccan-born billionaire is under the spotlight after a former employee accused him of sexual harassment after he filed an extortion case against her. Lasry, who is the co-founder of Avenue Capital […]
Wellington Management has launched its first interval fund, the Wellington Global Multi-Strategy Fund, aiming to provide consistent returns across market cycles while managing risks and minimizing volatility. The fund, managed by Roberto Isch, CFA, utilizes a multi-strategy approach combining various trading methods and risk management. Thus targeting long-term investors seeking diversified portfolios. The fund’s structure, […]
Big-name managers mostly performed well in 2024, but some under-the-radar players soared. Managers like Glen Kacher’s Light Street and David Rogers’ Castle Hook returned 60% last year. Jason Mudrick’s firm returned more than 31%, a person close to the manager said. The biggest hedge funds in the world — names like Citadel, D.E. Shaw, and […]
Investing Shutterstock / tech_BG Published: January 7, 2025 12:04 pm Julian Robertson was an investing legend whose Tiger Management fund was one of the very first hedge funds on Wall Street. He mentored numerous money managers who went on to create their own hedge funds, cheekily called Tiger Cubs. One of the stars who emerged […]
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