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.
SEC investigating AI-focused hedge fund Situational Awareness
Aug. 25 (UPI) -- The Securities and Exchange Commission is investigating Situational Awareness, the Artificial Intelligence-focused hedge fund run by a 24-year-old. The fund nearly collapsed last month when it dipped from about $45 billion to $10…
Feds Investigating Wall Street Bro After His AI Hedge Fund Imploded Spectacularly
Can't-miss innovations from the bleeding edge of science and tech The spectacular saga around Situational Awareness isn't over yet. The once mega-hyped AI hedge fund, founded by 24-year-old Leopold Ashenbrenner, nearly imploded last month after it…
Scott Bessent, Stanley Druckenmiller and a hedge-fund legend hoist on his own petard
A Shakespearean saga is playing out between the White House, Treasury Department, the Federal Reserve and Wall Street—and Scott Bessent, to paraphrase Shakespeare, is being hoist on his own hedge-fund petard. As Hamlet told his mother…
Hedge fund legend slams Treasury's bond buybacks
Hedge fund legend Stanley Druckenmiller has a blunt message for Treasury Secretary Scott Bessent, his former employee: Knock it off. Driving the news: Druckenmiller has a scathing Wall Street Journal op-ed published late Monday that assails the…
SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse
The SEC has subpoenaed a number of Wall Street banks for information tied to AI-focused hedge fund Situational Awareness's near-collapse last month. The agency is seeking information about the fund's trades, leverage and communications with…
This Hedge Fund Just Sold Nvidia and Bought AMD Stock. Which Artificial Intelligence (AI) Chipmaker Is the Better Buy?
Following what billionaire-run hedge funds are doing makes a lot of sense. It lets investors track some of the smart money on Wall Street, but only if it's done in the right way. Investors have access to what these funds are doing thanks to the…
Goldman Sachs International Equity Insights Fund Q2 2026 Commentary (GCIAX)
The MSCI EAFE Index returned 10.82% in the second quarter of 2026, staging a recovery after a challenging first quarter, bringing YTD returns to 9.44%. In the second quarter of 2026, our International Equity Insights Fund returned 10.50%…
Goldman says big investors are split on AI, but are showing historic bullishness for this stock sector
Investors are split on the AI trade, but they've converging on one sector of the stock market in particular in recent months: financials. Hedge funds and mutual funds have both poured money into the sector, even as their investing moves diverge…
US SEC subpoenas Wall Street lenders over Situational Awareness meltdown, source says
The US Securities and Exchange Commission has sent subpoenas to Wall Street banks working with Situational Awareness to seek information about the fund's trades and use of leverage after its near-collapse last month, a source familiar with the…
Bilbel Capital Sold CareCloud (CCLD) for More Attractive Opportunities
Bilbel Capital, an investment management company, released its second-quarter 2026 investment letter. The letter can be downloaded here. The strategy returned -15.7%, gross and -16.1%, net, in the first half of 2026, compared to a 10.2% return for…
Druckenmiller's Surprising Critique of Bessent Was Delivered With the Help of AI
Wall Street was stunned Monday when Treasury Secretary Scott Bessent was taken to task by one of his friends and mentors: legendary hedge-fund investor Stanley Druckenmiller. In an opinion article for The Wall Street Journal, Druckenmiller sharply…
QXO (QXO) is Rebuilding Business Models for Greater Value
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for 'Orbis Global Equity Strategy'. The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%…
RGAIA Bets on GitLab (GTLB) for Its AI-Driven Growth Potential
RGA Investment Advisors, an investment management company, has released its second-quarter 2026 investor letter. The letter can be downloaded here. The letter addresses the incorporation of AI into investment strategies and the dramatic changes in…
Of Course': Billionaire Druckenmiller Confirms Using AI For Op-Ed Criticizing Bessent
Hedge fund billionaire Stanley Druckenmiller acknowledged his Wall Street Journal op-ed criticizing Treasury Secretary Scott Bessent's bond buyback expansion was written with artificial intelligence, validating users on social media who raised…
L1's Lendlease stake above 10pc as activist investors bow out
L1 Capital is attempting to achieve something that some of Australia's most pre-eminent activist investors have failed to do for years: oversee a turnaround in embattled global property developer Lendlease. The high-profile hedge fund has emerged…
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