(Bloomberg) A $7.5 billion money manager with roots almost as old as quant-investing itself is going all-in with machine learning. Millburn Ridgefield Corporation placed robots at the very heart of its open systematic strategies after a six-year experiment. Now, the […]

(Bloomberg) A hedge-fund favorite is rapidly losing ground in the stock market just as one of the industry’s least-loved sectors picks up. Growth stocks, generally companies that are seeing rapid profit increases, have dropped in seven of the past eight […]

(Bloomberg) President Donald Trump said it’s “great news” that a hedge fund run by billionaire Paul Singer had taken a new position in AT&T Inc., saying he hoped the investment by Elliott Management Corp. would “put a stop to all […]

(Bloomberg) Fannie Mae and Freddie Mac soared the most in almost three years Monday as hedge funds that have long hoped to make a windfall on their investments in the mortgage giants got a double-dose of good news. To read […]

(Opalesque) London-based biotech venture capital firm 4Bio Capital has raised the first $50m for a new $150m fund to invest in “advanced therapies” such as gene and cell therapy. Dmitry Kuzmin, the managing partner, said its 4Bio Ventures II fund […]

(Opalesque) The Thinking Ahead Institute’s (TAI) Extreme risks 2019 report and ranking, which categorises rare events that could have a high impact on global economic growth and asset returns, has a new top three: global temperature change, global trade collapse […]

(Bloomberg) Convicted “Pharma Bro” Martin Shkreli is in prison serving a seven-year sentence, but that hasn’t tamed his appetite for using the courts to battle former colleagues and clients. On Friday, he claimed a former investor in his Elea Capital […]

(HedgeWeek) In a world awash with data, hedge fund equity analysts looking for that one data point that could generate alpha face a significant challenge, akin to finding a needle in a haystack. But as data volumes have grown, so […]

(Bloomberg) Bill Ackman made a big bet on himself even as some investors were second-guessing the future of his hedge fund, Pershing Square Capital Management. So far, it’s paying off. To read this article:

(Bloomberg) Ray Dalio, the billionaire founder of the world’s largest hedge fund, said there’s about a 25% chance of a U.S. recession this year and in 2020 and that central bankers will be limited in addressing it. The Federal Reserve, […]

(HedgeWeek) Globally coordinated monetary stimulus prevented a potential economic meltdown in 2008 and helped create a quick rebound in the capital markets. We have since seen the longest economic expansion on record. Unfortunately, the effectiveness of monetary stimulus declines the […]

(Reuters) – U.S. Democratic presidential hopeful Tom Steyer, a billionaire environmentalist and political donor, said on Sunday he has qualified to participate in the fourth Democratic debate in October, putting him on stage alongside the leading contenders for the first […]