The near-$5 trillion hedge fund industry is having one of the toughest years in decades in convincing fee-conscious investors to fork out cash for new market players. Despite a spirited pickup in ...

This as-told-to essay is based on a conversation with Stephen Wu, a 29-year-old hedge fund manager from New York. It's been edited for length and clarity. If you ask Alexa to play Taylor Swift ...

NEW YORK, NEW YORK - People walk through the financial district by the New York Stock Exchange ... [+] (NYSE) in New York City. (Photo by Spencer Platt/Getty Images) With the U.S. stock market at ...

Earlier in the week, President Biden’s decision to pardon his son Hunter received widespread criticism from both sides of the aisle, which will likely be touched on by lawmakers Sunday morning ...

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet… And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars ...

Today will see dull and grey skies for most. Some areas may still catch one or two brighter glimpses at times. It will be largely dry, mild and breezy throughout. Tonight Tonight will see little ...

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The era of explosive growth in multistrategy hedge funds is over, according to billionaire Ken Griffin, who runs one of the biggest such firms. “That chapter has come and gone,” the Citadel ...

An icon in the shape of a lightning bolt. Impact Link As Scott Bessent's political profile rose, so did the chatter around his macro hedge fund's relatively poor returns. Bessent — the former ...

Ravi M. Singh was named CEO of multistrategy hedge fund Paloma Partners Management. Singh was appointed CEO on Nov. 22, a spokesperson said. He joined Paloma in February 2024 and served as the ...