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.
Hedge-fund giant Man says assets reach record levels
Man Group, the world's largest publicly traded hedge fund manager, on Friday said investment gains helped its assets under management grow by 17.5% in the first half to record highs of $178.2 billion. The multi-strategy firm, which was started as a…
Hedge funds stayed put during Wednesday market slide, Goldman says
Hedge funds have largely held onto their technology stocks this week in the face of the biggest U.S. market selloff in over a decade, research by Goldman Sachs shows. The sell off saw the Nasdaq 100 and S&P 500 indices suffer their worst single-day…
Hedge Funds Send Bullish Gasoline Bets Down to Pandemic Lows
US gasoline demand dropped off after the July 4 holiday Short-only gasoline positions reached seven-year highs Hedge funds haven't been this disappointed by gasoline demand since the depths of the pandemic, with speculators slashing their…
Assets at Man Group, the World's Largest Listed Hedge-Fund Firm, Swell to Record
Assets under management at Man Group, the world's largest listed hedge-fund firm, swelled to a record $178.2 billion, boosted by net inflows from clients and strong investment performance. Man Group, which runs a swath of hedge-fund strategies…
Bill Ackman's own hedge fund is asking investors to ignore what he says
It's not every day that a firm tells shareholders to disavow any and all comments from its parent company's largest shareholder and CEO. But that's exactly what Pershing Square USA, Ltd., did on Thursday when it threw Wall Street speculator Bill…
Man Group: Hedge fund sees over £8bn gains as it starts off 2024 'strongly
Hedge fund Man Group revealed that it generated investment performance of $11.1bn (£8.6bn) over the first six months of 2024, as it started the year off “strongly”. It made net inflows of $0.9bn (£699.8m), which was 1.8…
Prominent Short Seller Made Millions Off Bait-and-Switch Scheme, U.S. Says
|Prominent Short Seller Made Millions Off Bait-and-Switch Scheme, U.S. Says https://www.nytimes.com/2024/07/26/business/andrew-left-short-seller-fraud.html Federal prosecutors and securities regulators filed criminal and civil fraud charges against…
Andrew Left, famed short-seller, accused of fraud and market manipulation
REUTERS/Brendan McDermid/File Photo; Getty Images; Chelsea Jia Feng/BI Andrew Left, the famed short-seller known for his research and social-media activity, has been accused of fraud. The DOJ alleges that Left 'knowingly exploited his ability to…
SEC charges Boca Raton short seller for $20 million stock fraud scheme
The SEC complaint seeks financial and conduct-based actions against the executive and his company. Already have a paid subscription? Sign in A Boca Raton short seller is under fire from regulators for allegedly orchestrating a 'bait-and-switch' to…
Short-seller Andrew Left accused of illegal trades and bragging that it was like taking 'candy from a baby
US authorities accused famed short-seller Andrew Left of committing fraud through stock trades, social media posts and research reports — their biggest move yet in a yearslong crackdown against traders who tout their bearish bets. The…
Beware of bears selling shorts
If Elon Musk tweets about a stock – GAMESTONK! – are you required to rush out and buy it? Are you required to speculate on it with a lot of money that you can't afford to lose? And if someone you've never heard of, and know nothing…
Ackman's Pershing Square delays IPO
A highly-anticipated initial public offering for billionaire hedge fund manager Bill Ackman's U.S. closed-end fund is postponed, according to an update on the New York Stock Exchange website. Pershing Square USA Ltd. had already scaled back the…
Will Big Tech earnings calls stop massive stock market rotation?
Big Tech stocks that lifted markets to record highs in the first half of 2024 are now being pummeled. Mega cap tech giants like Microsoft, Meta, Apple and Amazon will have a chance to win back gains when they report quarterly earnings next week.
Here's How to Invest Like a Rich Person
Many or all of the products here are from our partners that compensate us. It's how we make money. But our editorial integrity ensures our experts' opinions aren't influenced by compensation. Terms may apply to offers listed on this page. Rich…
Man Group Reverses Two Quarters of Outflows; Assets at Record
Assets rise to $178.2 billion, driven by returns and inflows CEO says aim is to further diversify investment capabilities Man Group Plc, the world's largest publicly traded hedge fund firm, raised net new money in the three months through June…
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