finance hedge funds
Top Stories
Investors want hedge funds to 'stick to their guns' and not try to 'be heroes' as markets get turned upside down
- Last week's momentum slide and a surge in oil prices early this week thrashed many hedge funds.
- Investors like Jon Aikman, who sits on the University of Toronto's endowment and pension investment committees, want hedge funds to "stick to their guns" in times of market turmoil.
- "If they're just going to sell out, I can get an ETF to do that," Aikman said.
- Click here for more BI Prime stories.
Bradley Saacks  Â
Bradley Saacks  Â
Bradley Saacks  Â
Latest Stories
5 mins read
D.E. Shaw asked staff to sign a take-it-or-leave non-compete, and the deadline is weeks away. Insiders say some people could walk even after management improved the payout.
The Financial Times first reported in the beginning of June that D.E. Shaw had set a mid-September …
Bradley Saacks  Â
2 mins read
Balyasny just booted its quant head and it signals a strategy revamp at the $6 billion hedge fund
The move comes as a surprise as Balyasny seemed to have found its footing after a difficult 2018 th…
Bradley Saacks  Â
3 mins read
AMG is offloading its majority stake in struggling hedge fund BlueMountain for $91 million
"We have been searching for the right asset management platform for over three years, and we found …
Bradley Saacks  Â
3 mins read
BlueMountain's head of fundamental credit is leaving the firm. Here's the one of the last investments he pitched.
Vaishnavi's presentation also gave a breakdown on the teams that reported to him within the $18.5 b…
Bradley Saacks  Â
5 mins read
The booming private market has some hedge funds spreading into private equity's domain. Now a tug-of-war has broken out over talent.
Och-Ziff's cohead of investor relations, Nathan Urquhart, is now a managing director at Carlyle aft…
Bradley Saacks  Â
7 mins read
A startup founded by a former hedge fund manager gives traders as much performance feedback as athletes so they can make better decisions. Not everyone wants in.
Essentia doesn't work for every trader, but as investors flee actively-managed funds, it's more imp…
Meghan Morris  Â
3 mins read
'It's a cat-and-mouse game': The head of technology at $60 billion hedge fund Two Sigma explains why cybersecurity is a bigger challenge than AI
"It would be very hard to believe that a nation-state that wanted to look at the US financial syste…
Bradley Saacks  Â
2 mins read
A hot young activist fund is pushing for change at Wyndham Hotels to save the company money and help the environment
Impactive Capital, a young do-good fund, believes that "low-hanging ESG fruit" like installing moti…
Bradley Saacks  Â
2 mins read
Balyasny loses one of its top quants as the manager gets its footing after a disappointing 2018
Chambers was a part of a hiring spree by Balyasny in London. Filings show that Balyasny went from 6…
Bradley Saacks  Â
2 mins read
The Midtown Uniform is now in peril as Patagonia isn't accepting new finance clients for its ubiquitous fleece vests
"Due to their environmental activism, they are reluctant to co-brand with oil, drilling, mining, da…
Dan DeFrancesco  Â
4 mins read
Hedge funds are watching a key lawsuit involving LinkedIn to see if they can spend billions on web-scraped data
"When you're developing a web-scraping program, you want to think through and monitor carefully wha…
Bradley Saacks  Â
3 mins read
Stock-pickers are starting the year hot, but investors still pulled billions. It shows how the hedge fund game has fundamentally changed.
That's despite the fact that several well-known stock-pickers have gotten out to hot starts, and th…
Bradley Saacks  Â
2 mins read
A senior Citadel portfolio manager nearly joined Balyasny - but decided to stick with Ken Griffin
While hedge fund performance took a nose dive in 2018, Griffin's Wellington fund returned more than…
Bradley Saacks  Â
2 mins read
Bill Ackman's Pershing Square says it's 'returning to its roots,' and it shed a third of its staff in 2018 as part of the journey
The firm had its 2018 gains wiped out by a disastrous December, finishing the year down 0.7%. But P…
Bradley Saacks  Â
3 mins read
The woman who helps run the top performing hedge fund of all-time reveals why vulnerability is the secret to the firm's success
Murray said that she can tell if a person is taking to the culture by the end of their first 18 mon…
Bradley Saacks  Â
1 min read
Steve Cohen's hedge fund Point72 has reportedly been blocked from taking British money
The Financial Times reported on Friday that Cohen has been blocked by the UK regulator from accepti…
Oscar Williams-Grut  Â
4 mins read
'Billions' star Maggie Siff explains how a phone call with Tony Robbins helped craft her character, and what she loves about the role
What drew her to "Billions" was how smart and fun the script was, she said, and also her role as a …
Nathan McAlone  Â
3 mins read
One of the hedge funders behind 'The Big Short' says betting on marijuana is the 'big long'
Because marijuana is considered a federally illegal substance (though it's legal in a number of sta…
Jeremy Berke  Â
1 min read
The top hedge fund managers earned a combined $15.4 billion last year
Renaissance Technologies' Jim Simons topped the list, earning $1.7 billion, followed by Appaloosa M…
Rachael Levy  Â
1 min read
David Tepper's hedge fund dumped its entire Apple stake ahead of the billionaire's expected purchase of the Carolina Panthers
Regardless, Tepper likely saw a hefty profit thanks to the appreciation of Apple even in recent mon…
Graham Rapier  Â
1 min read
The global head of investor relations at $28 billion investor Angelo Gordon has left
New York-based Angelo, Gordon manages about $28 billion in credit, real estate, private equity, and…
Rachael Levy  Â
3 mins read
Hedge funds did something highly unusual during the market's recent meltdown - and it's a great sign for stocks
The industry is expected to see earnings growth of 31% in 2018, a full 10 basis points more than th…