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.
'I am a proud man': Hedge fund billionaire Crispin Odey's fall from grace
Stooped about the witness box, Crispin Odey was barely audible as he was cross-examined by a lawyer for the City watchdog. The normally ebullient hedge fund boss, 67, was giving evidence as part of his attempt to overturn a lifetime ban from the…
Bill Ackman Has 45% of His New Hedge Fund's Portfolio Invested in Just 3 Incredible Growth Stocks
Bill Ackman is known for managing a highly concentrated portfolio with just a handful of high-conviction stock picks. So, when he launched a new closed-end fund earlier this year, it was a safe bet to think he would buy stocks that mostly match the…
Billionaire Bill Ackman Has 13% of Pershing Square Capital Management's $19 Billion Hedge Fund in 1 Stock That's 31% Below Its 52-Week High
Bill Ackman's investment approach is to own high-quality businesses for the long haul. The hedge fund firm he founded more than two decades ago, called Pershing Square Capital Management, deploys this strategy with a concentrated portfolio. Retail…
Scott Bessent helped George Soros net $1 billion breaking the Bank of England - now he's fighting a U.S. bond selloff
Scott Bessent's face is all over financial news nowadays. From $6 billion bond buybacks to tinkering in global currency markets, the U.S. Secretary of the Treasury has certainly been pulling all the stops to stem the ongoing bond selloff. While…
RLX Technologies: Recent Share Price Weakness Provides Good Entry Point (NYSE:RLX)
RLX Technology Inc. remains a BUY despite post-2Q26 margin compression, supported by strong growth forecasts and discounted valuation versus peers. RLX's international segment, now 70% of revenue, is boosted by recent European acquisitions…
Apollo set to take major stake in Yankees, making team most valuable in baseball
The Yankees are nearing a deal that would eventually hand a whopping 16% stake in the venerable franchise to private equity giant Apollo Capital Management. The Steinbrenner family would relinquish a “de minimis” slice of its…
Billionaire David Tepper Has 40% of His Fund in Just 3 AI Stocks. Are They Still Buys?
Billionaire hedge fund manager David Tepper of Appaloosa Management is considered one of the world's top investors, and he's not afraid to make big bets. In fact, at the end of the second quarter, 40% of his portfolio was in just three artificial…
Warren Buffett Has Endorsed the Same Investment for Decades. History Backs Him Up.
Warren Buffett became one of the wealthiest people in the world by picking individual stocks and holding them for years. But he doesn't think retail investors should do the same. Instead, he's spent the past several decades advocating for a much…
Bank of America Corp DE Makes New $79.55 Million Investment in Rexford Industrial Realty, Inc. $REXR
Bank of America Corp DE acquired a new stake in Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired…
Jim Cramer Backs Reddit (NYSE: RDDT) Stock As A $40 Billion Acquisition Target
Reddit, Inc. (NYSE: RDDT) received a high-profile endorsement from CNBC's Jim Cramer during the September 17 episode of his “Mad Money” program. A caller on the show asked why Reddit has remained range-bound and gradually drifted…
Bank of America Corp DE Purchases New Shares in Armstrong World Industries, Inc. $AWI
Bank of America Corp DE purchased a new position in shares of Armstrong World Industries, Inc. (NYSE:AWI - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The…
AI 'warning shots' focus Beijing on national security risks
But the alarming hacking ability of top artifical intelligence models is leading Beijing to see the dangers in a new light, with the spy agency chief warning this week that the technology could jeopardise national security. The potential…
COMMENTARY: There aren't enough rich people to tax
There aren't enough rich people to tax to fund what Democratic Socialists of America candidates are promising. When the DSA says “tax the rich,” they want us to think of guys like Thurston Howell III, the “Gilligan's…
Corient Private Wealth LP Raises Position in Advanced Energy Industries, Inc. $AEIS
Corient Private Wealth LP grew its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 46.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional…
1,372,518 Shares in Trimble Inc. $TRMB Acquired by Bank of America Corp DE
Bank of America Corp DE acquired a new stake in shares of Trimble Inc. (NASDAQ:TRMB - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,372,518 shares of the scientific and…
Receive a Daily briefing on Hedge Fund Industry News
Get Started