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.

bloomberg.com - Nishant Kumar - Millennium Backs Two Hedge Fund Managers With Over $3 Billion
Millennium Backs Two Hedge Fund Managers With Over $3 Billion
Bloomberg

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…

nypost.com - Matt Ehalt - Meet Biff Poggi, the 65-year-old hedge fund multi-millionaire taking over Michigan football in midst of Sherrone Moore scandal
Meet Biff Poggi, the 65-year-old hedge fund multi-millionaire taking over Michigan football in midst of Sherrone Moore scandal
New York Post

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…

wsj.com - Gregory Zuckerman - Exclusive | Renaissance Explores Tweak to Trading Models After Meme-Stock Volatility
Exclusive | Renaissance Explores Tweak to Trading Models After Meme-Stock Volatility
Wall Street Journal

Unprecedented turbulence at a pair of quantitative hedge funds managed by the industry pioneer Renaissance Technologies is causing the firm to consider adjusting its trading models, according to people familiar with the matter. The Long…

marketwatch.com - Jaimy Lee - A squash game saved this famous trader's life. How prevalent is male breast cancer?
A squash game saved this famous trader's life. How prevalent is male breast cancer?
MarketWatch

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…

yahoo.com - Sun Life Financial Inc. (SLF) Stock Forecasts
Sun Life Financial Inc. (SLF) Stock Forecasts
Yahoo!

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…

theguardian.com - Barney Ronay - Schmaltz, theatre and sharp teeth: Wrexham reveal the hard truth about football | Barney Ronay
Schmaltz, theatre and sharp teeth: Wrexham reveal the hard truth about football | Barney Ronay
The Guardian

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…

cnbc.com - Julie Coleman - Jim Cramer examines 'stalled' stocks Apple, Meta and Tesla
Jim Cramer examines 'stalled' stocks Apple, Meta and Tesla
CNBC

CNBC's Jim Cramer on Thursday explained why he thinks high-flying tech stocks Apple, Meta and Tesla have 'stalled' recently, with all three up about 10% for the year. He suggested large hedge funds and money managers are more interested in stocks…

afr.com - Lu Wang - One fundie got the stock rally wrong. He still nabbed a 79pc gain
One fundie got the stock rally wrong. He still nabbed a 79pc gain
Australian Financial Review

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…

ibtimes.co.uk - Niloy Chakrabarti - Cathie Wood Dumps Tesla After Downgrade and Burry's Warning
Cathie Wood Dumps Tesla After Downgrade and Burry's Warning
International Business Times UK

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…

wsj.com - Jessica Flint - The Buyers Who Want a Home and Everything in It, From the Sheets to the Pans
The Buyers Who Want a Home and Everything in It, From the Sheets to the Pans
Wall Street Journal

Six months into living in their new home, Susan Lin and Victor Lin had no plans to sell it. The interior designer and hedge-fund trader had devoted four-and-a-half years to finding, renovating and furnishing the Fort Lauderdale, Fla.-area property…

afr.com - Jonathan Shapiro - Shayne Elliott's lawsuit against ANZ: another case of poor judgment?
Shayne Elliott's lawsuit against ANZ: another case of poor judgment?
Australian Financial Review

The news on Friday that former ANZ chief executive Shayne Elliott is suing the bank over $13.5 million of withheld bonuses is the latest development in ANZ's recent messy and complicated history. The very head of the bank seeking compensation for…

fortune.com - Jim Edwards - Retail investors drive stocks to a pre-Christmas all-time high-and Wall Street eyes a moment to sell
Retail investors drive stocks to a pre-Christmas all-time high-and Wall Street eyes a moment to sell
Fortune

S&P 500 futures ticked downward 0.22% this morning, an indicator that some traders decided overnight to lock in their gains from yesterday's close, when the index reached a new all-time high of 6,901. The peak was entirely predictable, given that…

fastcompany.com - katherine kirkpatrick Bos - If you're fed up with data breaches, this new technology could finally help
If you're fed up with data breaches, this new technology could finally help
Fast Company

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…

beincrypto.com - Mohammad Shahid - Do Kwon Sentenced to 15 Years in Prison for the Terra LUNA Fraud
Do Kwon Sentenced to 15 Years in Prison for the Terra LUNA Fraud
BeInCrypto

A US court has sentenced Terra founder Do Kwon to 15 years in prison, concluding one of the most consequential fraud cases in crypto history. The decision, delivered on December 11, 2025, follows Kwon's guilty plea earlier this year. The sentencing…

marketbeat.com - Valmont Industries, Inc. $VMI Shares Acquired by Sei Investments Co.
Valmont Industries, Inc. $VMI Shares Acquired by Sei Investments Co.
MarketBeat

Sei Investments Co. increased its stake in Valmont Industries, Inc. (NYSE:VMI - Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional…

Receive a Daily briefing on Hedge Fund Industry News

Get Started