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fool.co.uk April 29, 2024

Billionaire Bill Ackman Has Just 1 Magnificent Ai Stock In His Ftse 100-listed Fund | The Motley Fool Uk

Our writer takes a look at the only AI stock held in the portfolio of FTSE 100-listed Pershing Square Holdings. The post Billionaire Bill Ackman has just 1 magnificent AI stock in his FTSE 100-listed fund appeared first on The Motley Fool UK.
Read by 45% of LPs

dailycaller.com May 02, 2024

Forget California: There Might Be A New Contender For The Most Dysfunctional State | The Daily Caller

'Awful shape in many ways': While much has been made about the economic woes and population declines of states like California and New York, recent economic data indicates that Illinois is struggling with huge issues of its own. Illinois had the fifth-highest unemployment rate out of any other state in March at 4.8%, along with one of the nation’s highest tax burdens, and has only added 26,100 net jobs in the last year while adding 30,100 government positions, according to data from the Illinois Department of Employment Security.
Read by 47% of LPs

businessinsider.com May 02, 2024

We're Reading: Being Well-connected Doesn't Hurt Hunterbrook Media

"Ocean's Thirteen" was written by the father of Sam Koppelman, one of Hunterbrook Media's co-founders. The movie stars Matt Damon, who sent a letter of recommendation on Koppelman's behalf to Harvard.Jeff Kravitz/Getty ImagesHunterbrook Media is a hedge fund that also does journalism. Or maybe a journalism startup that also runs a hedge fund. Will that work?
Read by 47% of LPs

economist.com May 02, 2024

Hedge Funds Make Billions As India’s Options Market Goes Ballistic

The country’s retail investors are doing less well. : Hedge funds take great pains to hide their inner workings. So a recent court case in which Jane Street sued two former employees and Millennium Management, another fund to which they had jumped ship, was immensely pleasing to the firm’s rivals, since it offered a rare view into one of the industry’s giants. Among the revelations: Jane Street’s “most profitable strategy” did not play out on Wall Street, but in the unglamorous Indian options business, where the firm last year earned $1bn.
Read by 43% of LPs

efinancialcareers.com May 02, 2024

Singapore Hedge Funds Added 6 New Portfolio Managers In April

Singapore isn’t the hedge fund heaven that Hong Kong is usually seen as, but things seem to be taking a turn. Funds in the city – both headquartered and present there – have been busy adding Portfolio Managers (PMs) in the city.Get Morning Coffee ☕ in your inbox. Sign up here.Amit Suman joined Brevan Howard as a PM last month. He was a PM at RV Capital Management, a Singapore-based hedge fund, for four years before leaving.
Read by 40% of LPs

efinancialcareers.com May 01, 2024

Hedge Fund Eisler Capital Is In A Dispute With A Headhunter

Eisler Capital, the smallish multistrategy hedge fund with aspirations to be much bigger, is hiring people. But it probably won't be using search firm Monroe Partners to do it.Get Morning Coffee ☕ in your inbox. Sign up here.According to a court case filed in March, Monroe Partners is suing Eisler for breach of contract. Monroe declined to comment and Eisler didn't respond to a request to elaborate, but we presume that Monroe Partners placed one or more people at Eisler and that Eisler has not paid, or thinks that payment is not relevant.
Read by 48% of LPs

cnbc.com April 30, 2024

Hedge Funds Are ‘dead As A Doornail’ For The Ultra-rich, Says Tiger 21

Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt.
Read by 65% of LPs

caia.org April 30, 2024

The Secret Sauce To Source Multi-manager Funds | Portfolio For The Future | Caia

By Vincent Weber, CEO and Co-founder of Resonanz Capital, a specialized investment advisory firm managing approximately $6 billion in assets under advisory (AuA) spanning hedge funds. Unlock the success of multi-manager funds: beyond talent, it's about risk management, agile capital allocation, and smart portfolio construction.
Read by 69% of LPs

efinancialcareers.com April 29, 2024

Hedge Fund Brevan Howard's Abu Dhabi Office Hired 50 People In 15 Months

It's nearly 15 months since hedge fund Brevan Howard announced that it was opening an office in Abu Dhabi. Since that time, the fund has amassed 90 employees at its new UAE outpost, of whom 40 were there from the start and 50 have been hired-in.Get Morning Coffee ☕ in your inbox. Sign up here.Brevan's 90 Abu Dhabi employees include a mix of portfolio managers, marketing professionals, salespeople, operations professionals and technologists. They manage $10bn of the fund's $35bn in assets.The Brevan Howard Abu Dhabi office is run by Abhijit Chakrabortti, a senior strategist who previously worked in New York and Hong Kong.
Read by 31% of LPs

nasdaq.com April 29, 2024

Billionaire Bill Ackman Has Almost 20% Of His Pershing Square Portfolio Invested In This "magnificent Seven" Stock

Warren Buffett has had a profound impact on the investment landscape, due largely to his long-running success. His principles and perspectives have and will continue to shape the industry.
Read by 41% of LPs