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3 mins read

The new power figures in hedge funds do not manage money

The hedge-fund industry's newest rock stars don't manage money. That and more in today's newsletter.

Matt Turner   


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2 mins read

Nvidia will hit a $6 trillion valuation by the end of the year as investors start to realize how cheap the stock is, hedge fund manager says

"Even though the stock has done so well, it is still relatively cheap compared to where it was trad…

Matthew Fox   


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1 min read

Jim Simons, the legendary hedge-fund manager who cracked the market, dead at 86

Jim Simons, the legendary hedge-fund manager who founded the prolific Renaissance Technologies, has…

Paul Squire   


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2 mins read

Nelson Peltz lost the Disney proxy war. He still scored a $300 million return in defeat.

Nelson Peltz may have helped his firm Trian Partners make a $300M profit. But experts say the activ…

Lloyd Lee   


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4 mins read

As markets touch historic highs, index funds continue to offer exciting returns! Should you invest?

Index funds are funds that aim to replicate the performance of a specific market index, such as the…

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1 min read

China hedge fund Pinpoint is bouncing back in 2024 after years of poor performance

Pinpoint Asset Management, founded by Wang Qiang 25 years ago, is rebounding as the fund faces more…

Bradley Saacks   


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1 min read

Memecoins are back, and the returns are so big that even hedge funds can't resist

As memecoins make a resurgence, hedge funds are chasing gains in the highly volatile corner of the …

Yuheng Zhan   


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1 min read

A 91-year-old former hedge fund manager says weighing probabilities can prolong your life. Here's how he does it.

Edward Thorp, a mathematician, hedge fund manager, and blackjack player, has some advice on how to …

Lakshmi Varanasi   


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2 mins read

'Boomer nation' runs the US, and investors should focus on 3 sectors to capitalize, hedge fund manager says

Tourism, healthcare, and biotech are three areas that investors should focus on to cash in on the "…

Aruni Soni   


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4 mins read

Insider Today: Meta's manager squeeze

In Sunday's edition of Insider Today, we're looking at how Apple might be the first company to get …

Matt Turner   


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3 mins read

Five financial lessons to take away from the ICC T20 World Cup

The idea is to diversify, and not put all your eggs in one basket. Have more than one asset class i…

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2 mins read

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs

Goldman Sachs' VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's 5.1% return.

Matthew Fox   


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2 mins read

A hedge fund run by a Harvard physics grad delivered 20% returns in 2023 betting on extreme weather

John Seo leaned into trading catastrophe bonds to capitalize on volatile weather and inflation, a p…

Phil Rosen   


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5 mins read

Gold Price Update (May 16, 2024): Rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai, and other Indian cities

On Thursday, gold rates saw a subtle increase across India. In Delhi, 10 grams of 24-carat gold wou…

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1 min read

Billionaire hedge-fund boss Steve Cohen says a 4-day workweek is coming and it's part of why he made a big investment in golf

Steve Cohen said a four-day workweek would open up investment opportunities in leisure, travel, and…

Matthew Fox   


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2 mins read

A hedge fund exec is funding hunts for treasures in shipwrecks at the bottom of the ocean

Anthony Clake has been funding high-tech treasure hunts under the ocean for decades, a Bloomberg …

Polly Thompson   


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2 mins read

Hedge-fund titan Kyle Bass blamed Joe Biden for his $85 room-service breakfast. It didn't go well for him.

X users mocked Kyle Bass after he said his $85 breakfast at The Carlyle in New York was a "terrible…

George Glover   


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1 min read

Hedge funds are suing the SEC over its 'contradictory' short-selling regulations

A group of hedge fund organizations argued that the SEC's new rules concerning short-selling disclo…

Filip De Mott   


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4 mins read

Bill Ackman is bringing the same ruthless energy that made him a hedge fund billionaire to politics

The hedge fund titan in December called for Harvard's Claudine Gay to "resign in disgrace" for fail…

George Glover   


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1 min read

Ken Griffin's Citadel is returning $7 billion to clients as his firm outperforms hedge fund peers

Citadel reportedly plans to distribute $7 billion in profits to clients as its flagship fund has re…

Filip De Mott