(Yahoo) In a surprise move, the Treasury Department on Dec. 19 informed Congress it would lift sanctions on three companies owned by Oleg Deripaska, a powerful Russian oligarch who controls much of the world’s aluminum output…..“Other than his paid help, […]

(Smarteconomist) With a net worth of about $1 billion, Robert Citrone is at the helm of Discovery Capital Management (DMC), a hedge fund with a portfolio value of nearly $1.7 billion. Before launching DCM, Citrone worked as a portfolio manager […]

(Opalesque) In the week ending December 21th 2018, it’s interesting what you can learn when a seasoned hedge fund investor and passionate art collector speaks about his hedge fund-like ‘multi-strategy’ approach when investing in art. Similar to the hedge fund […]

(CNBC) In the dust of Wednesday’s stunning 1,000-point market gain could be the makings of the long-awaited Santa Claus rally.Though the jolly old elf traditionally visits the public before Christmas, he generally doesn’t come to Wall Street until the last […]

(The Real Deal) Just before the 2008 financial crisis, Fir Tree predicted that homeowners would keep making mortgage payments even as the value of their homes plummeted. That bet has paid off. The hedge fund has made $2.6 billion, roughly […]

(CNBC) Wells Fargo strategist Christopher Harvey sharply reduced his expectations for the stock market in 2019, making him easily the least optimistic forecaster on Wall Street. Even with the sharp cut, though, pretty much every major house on the Street […]

(Opalesque) With investors pulling an additional $6.68 bn from hedge funds around the world, November marked the global hedge fund industry’s third consecutive month of outflows. According to the just-released November 2018 eVestment Hedge Fund Asset Flows Report, year to […]

(CNBC) Stocks could look to bounce later in the week, after the worst Christmas Eve performance ever, but some strategists expect only a half-hearted rally attempt with more losses to come. The S&P 500 lost 2.7 percent Monday, to 2,351 […]

(Pension & Investments) Institutions are delivering a double whammy to hedge funds this year by reducing the level of new investment and increasing redemptions. New assets invested in hedge funds and hedge funds of funds by asset owners totaled $8.5 […]

(Hedgeweek) November marked the global hedge fund industry’s third consecutive month of outflows, with investors pulling an additional USD6.68 billion from funds around the world, according to the November 2018 eVestment Hedge Fund Asset Flows Report. To read this article:

(Reuters) Hedge fund Latimer Light Capital, which specialized in picking stocks, is closing its doors, becoming the latest casualty in an industry pummeled by the recent stock market sell-off. New York-based Latimer Light told investors it plans to shut down […]

(Reuters) London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the credit-focused strategy after it “did not deliver the performance that you expect of us”, according to a […]