Hedge Funds

Billionaire investor Dan Loeb said in a letter to clients on Wednesday that President Donald Trump's pro-business economic policies have "awakened animal spirits." As noted by CNBC, Loeb said in his letter that Trump's victory in the presidential election represents the "most important paradigm...

Don Steinbrugge is one of the best-known experts in the hedge fund industry, with over three decades of experience in the field. He has been running Agecroft Partners, a global, award-winning hedge fund consulting and marketing firm for almost 10 years now. Benzinga had the chance to chat with this...

Don Steinbrugge is one of the best-known experts in the hedge fund industry, with over three decades of experience in the field. He has been running Agecroft Partners, a global, award-winning hedge fund consulting and marketing firm for almost 10 years now. Benzinga had the chance to chat with this...

Don Steinbrugge is one of the best-known experts in the hedge fund industry, with over three decades of experience in the field. He has been running Agecroft Partners, a global, award-winning hedge fund consulting and marketing firm for almost 10 years now. Benzinga had the chance to chat with this...

Don Steinbrugge is one of the best-known experts in the hedge fund industry, with over three decades of experience in the field. He has been running Agecroft Partners, a global, award-winning hedge fund consulting and marketing firm for almost 10 years now. Prior to Agecroft, Steinbrugge spent 18...

The Dow Jones Industrial Average has soared more than 8 percent since the November 8 presidential election, but not all fund managers are convinced the rally is here to stay. Whitney Tilson, founder of the hedge fund Kase Capital, counts himself as a skeptic and thinks the creation of $1.6 trillion...

Eurekahedge, a leading hedge fund database provider, provided an update on how hedge funds performed throughout November. Hedge funds as a whole gained 0.48 percent through the end of November and have now gained 3.60 percent since the start of 2016. This compares to the MSCI AC World Index, which...

Pershing Square Capital Management, a major investment holding company managed by billionaire Bill Ackman, released on Wednesday its quarterly letter to investors. Net of all fees, the fund returned 2.9 percent in the third quarter and is lower by 13.5 percent since the start of 2016. By comparison...

Monday was a busy day for the hedge fund sector as several notable firms issued public letters. Corvex Management To Williams' New Board Members Keith Meister's Corvex Management is one of the largest shareholders of Williams Companies Inc (NYSE: WMB). On Monday, the fund wrote a letter to Stephen...

What do Richard Perry's Perry Capital, John Paulson's Paulson & Co and Dan Och's Och-Ziff Capital Management hedge funds have in common? According to a Bloomberg report, they are all bleeding cash. As noted by Bloomberg, Perry Capital's assets under management now stands at $4 billion, down...

Investors withdrew more than $25 billion last month from hedge funds at a time when many insiders are claiming the industry is "under assault." According to Bloomberg Gadfly's Christopher Langner, the mass exodus of customers out of hedge funds is not a sign that the industry is dying, but it is...

It is not an unusual thing for fund managers or traders of hedge funds to get caught up in insider trading. However, the same cannot be said for instances outside the purview of the SEC. In the current quarter, there have been at least three legal incidents involving hedge fund traders/managers...

John Burbank III is the chief investment officer of Passport Capital, a global macro hedge fund that boasts $4.1 billion in assets. The fund manager discussed his views on the market during an interview with Real Vision Television. Yahoo! Finance quoted the fund manager as saying during his...

Credit Suisse detailed in a research report on Thursday the findings from its quarterly airline survey of hedge funds and large investors. The survey consisted of 62 participants and found that only 45 percent of those surveyed are overweight airlines, down from 61 percent in mid-March. Long-only...

Platinum Partners, a Manhattan-based hedge fund, said on June 14 it will unwind its main fund as it faces an investigation by U.S. prosecutors. According to a report by The Wall Street Journal at that time, a former executive of the fund, Murray Huberfeld, was arrested for allegedly bribing the...