Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Brian Kahn Pleads Guilty to Defrauding Hedge Fund Investors
Brian Kahn, the former chief executive of Franchise Group Inc., pleaded guilty to defrauding hedge fund investors of about $300 million, a scandal that hastened the collapse of the retail company he built. At a hearing Wednesday in federal court in…
JPMorgan Alums' Hedge Fund Advised Altice on Asset-Shifting Deal
Billionaire Patrick Drahi and the management team of Altice International turned to an unusual adviser to obtain new financing after shifting most of its assets out of creditors' reach: a hedge fund founded by former JPMorgan Chase & Co. bankers.
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This Hedge Fund Founder Helped Fuel Opendoor's Meme Rally. His Next Target Is Nextdoor
Shares of neighborhood network Nextdoor took off Wednesday after hedge fund founder Eric Jackson posted bullish comments about the company on social media. Jackson's previous comments about Opendoor Technologies and Better Home & Finance helped…
BofA notes hedge funds join retail in selling, while institutions keep buying
Bank of America posted an investor note that points to a market marked by resilience in index performance but caution beneath the surface. The S&P 500 (SP500) advanced 0.3% last week, yet the financial institution reported that its…
Prime Value is backing this IPO to ride the energy transition
Mike Younger is portfolio manager of Prime Value Asset Management's Emerging Opportunities Fund and Microcap Fund. The Melbourne-based firm around $3 billion in assets. Which IPOs have you invested in or like the look of? Joanne Tran is The…
Financial markets are becoming one big gamble
Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? How would you describe the past year in markets? Blackrock's chief financial officer and head of strategy Martin Small put it best at a Goldman…
Supreme Court Weighs Opening Investment Funds to More Suits
The US Supreme Court grappled with whether to let investors broadly use an 85-year-old law to sue funds over their management decisions in a case being closely watched on Wall Street. Hearing arguments Wednesday in Washington, the justices…
Top female fund managers share their stock picks
Top performing female fund managers have revealed their best stock picks for Future Generation Woman for 2026, spotlighting companies that back female safety, digital inclusion and long term economic opportunity. Minotaur Capital's Armina…
Opendoor Investor Sparks Near 50% Meme Rally in Nextdoor Stock
Nextdoor Holdings Inc. shares surged as much as 49% early Wednesday, the most in over four years, as the man behind the retail-driven rally in names like Opendoor Technologies and Better Home & Finance Holding Co. took a bullish stance on the…
NXDR: Nextdoor could be the last meme stock of 2025. Here's why
As the year winds down to a close, with just three weeks left on the calendar, Nextdoor may be the next, last, big meme stock of 2025. Here's why. On Wednesday, Nextdoor Holdings Inc. (NXDR) shares rose 49% in early trading, the most in over four…
Big global investors see gold in AI but don't buy the rush
ABU DHABI, Dec 10 (Reuters) - Big investors attending Abu Dhabi Finance Week voiced concern over the high valuations attached to AI-related companies but said that investment in the infrastructure crucial to the sector's long-term success cannot be…
Opendoor investor sparks near 50% meme rally in Nextdoor stock
(Bloomberg/Stephanie Hughes) — Nextdoor Holdings Inc. shares surged as much as 49% early Wednesday, the most in over four years, as the man behind the retail-driven rally in names like Opendoor Technologies and Better Home & Finance Holding…
The world's biggest investors are split on who wins from AI spendathon
Vanguard and BlackRock, the world's two largest asset managers, have outlined diverging views of how billions of dollars being invested in artificial intelligence will drive the market and which companies stand to benefit. The two asset management…
This Luxury Brand Just Reached Unicorn Status, According To Resale Index Clair Report
An Hermés Birkin bag holds its value year after year Tariffs have come for your wallet—literally and figuratively. Those shopping for luxury goods like wallets, bags and fine jewelry have seen the impact of global tariff changes…
New Jeffrey Epstein emails show disgraced financier's deep Wall Street ties persisted after first arrest for sex crimes
Newly obtained Jeffrey Epstein emails expose how the late convicted pedophile kept investing and advising billionaires through his deep Wall Street ties — despite his 2006 arrest and 2008 guilty plea for sex crimes, according to a report.
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