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…
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%…
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…
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…
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%…
Exclusive | Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal
Vanguard Group has struck a roughly $4 billion deal to acquire fintech platform Altruist to further its push into financial advice, people familiar with the matter said. Altruist, founded in 2018, is an upstart competitor to Charles Schwab and…
Nvidia is the final boss of tech earnings. These 3 questions could decide the AI trade's next move.
Nvidia will officially cap off tech earnings season today after the closing bell. It's been a tumultuous several weeks for the AI trade and mega-cap tech more broadly, with investors reacting sharply to results on both ends of the spectrum. On one…
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 start to bow out
L1 Capital is attempting to achieve what some of Australia's 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 as the largest…
Billionaire Ken Griffin Increased His Stake in This Dividend King by 547% in Q2. Wall Street Thinks It's Still a Buy.
Billionaire hedge fund manager Ken Griffin, founder and CEO of Citadel, made a big move last quarter into one of the best dividend stocks on the market: AbbVie (ABBV +0.48%). Griffin added 2.7 million shares of the pharmaceutical company, boosting…
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