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.
Millennium Backs Two Hedge Fund Managers With Over $3 Billion
Millennium Management has backed two more external managers with more than $3 billion in combined capital, the latest in a series of recent allocations by the hedge fund giant. Izzy Englander's firm has handed $2.3 billion to London-based Fulcrum…
Meet Biff Poggi, the 65-year-old hedge fund multi-millionaire taking over Michigan football in midst of Sherrone Moore scandal
The new Michigan interim football coach in the wake of Sherrone Moore's shocking firing Wednesday has quite the lucrative fallback should his time with the Wolverines end soon. Francis “Biff” Poggi, 65, previously ran a…
Prediction Markets Are Upending U.S. Gambling: What It Could Mean For Non-IG Credit
A 2024 court ruling allowed prediction markets to operate as federally regulated event contract exchanges. Federal regulation of these markets has allowed their operation in all 50 states, including the roughly 20 states covering half of the U.S.
A squash game saved this famous trader's life. How prevalent is male breast cancer?
Steve Eisman is a hedge-fund trader best known on Wall Street for successfully betting against the housing market before the recession of 2007-09. His experiences in the lead-up to the financial crisis were detailed in “The Big…
Sun Life Financial Inc. (SLF) Stock Forecasts
Sun Life Financial Inc., based in Toronto, is a leading life insurance company with operations in Canada, the U.S., and Asia. The company distributes its insurance products and other financial services through direct sales agents. It has…
Schmaltz, theatre and sharp teeth: Wrexham reveal the hard truth about football | Barney Ronay
Tea and cake. Cobble-close streets. Collectivism. Sugar rush. Hollywood fairytales. And also, as of this week, a minority owner with historical links to celebrity paedophile Jeffrey Epstein. Wait! Welsh cakes! Welsh tea! Aggregated tourism…
One fundie got the stock rally wrong. He still nabbed a 79pc gain
Bill Harnisch didn't believe in the stock rally. He still crushed it. While his peers this year diversified their bets across Big Tech and macro trades, the New York-based hedge fund manager packed more than 90 per cent of his long book into just…
CIO Notebook: Powell Plays The Middle As Fed Cuts Rates
As widely expected, the Federal Open Market Committee (“FOMC”) announced that it lowered the fed funds target rate by 25 basis points to 3.50% to 3.75% following their December meeting. What was clear from the press conference is that…
Cathie Wood Dumps Tesla After Downgrade and Burry's Warning
Cathie Wood is a long-time Tesla (Nasdaq:TSLA) bull and a supporter of Elon Musk. She has fiercely defended Musk's $1 trillion (£747.2 billion) pay package, and even said he is the 'Thomas Edison of our age.' She has even forecast that Tesla…
Hot 97's 'Ebro in the Morning' radio show abruptly ends after 13 years
It's apparently another end of an era for another longtime radio show on New York's Hot 97. “Ebro in the Morning,” hosted by former radio programmer Ebro Darden and loyal sidekicks Peter Rosenberg and Laura Stylez, is supposedly…
Dycom Industries (NYSE:DY) Sets New 1-Year High - Here's What Happened
Dycom Industries, Inc. (NYSE:DY - Get Free Report) shares hit a new 52-week high on Thursday. The company traded as high as $365.25 and last traded at $364.7610, with a volume of 132483 shares traded. The stock had previously closed at $355.83.
BTech in Mathematics & Computing Vs in Computer Science & Engineering: What will you choose?
Mathematics and Computing is a specialised programme that blends advanced mathematics with computing, statistics, algorithms and modern analytical fields. It appeals to students who enjoy numbers, logic, data interpretation and theoretical problem…
If you're fed up with data breaches, this new technology could finally help
Every few weeks, Americans get another letter in the mail that starts the same way: “We're writing to inform you that your personal data has been exposed.” A retailer gets hacked. A hospital. A supermarket. A travel site. It never…
Oxford Industries (NYSE:OXM) Reaches New 1-Year Low Following Analyst Downgrade
Oxford Industries, Inc. (NYSE:OXM - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday after Truist Financial lowered their price target on the stock from $50.00 to $35.00. Truist Financial currently has a hold rating…
Andrew Sinclair Develops a Theory of Chinese Economics
Andrew Sinclair came to Caltech as a visiting assistant professor in 2022. Finding Caltech to be an ideal place to carry out his research on Chinese finance, he has stayed on. Sinclair continues to pursue his research and teach Caltech students…
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