The North Carolina-born investor started New York-based Tiger Management in 1980 with $8.8 million. He was 48 at the time, relatively old to be launching his own firm
Tiger Global losses marked one of the biggest dollar declines for a hedge fund in history
Majority of such investments are mending after struggling to provide positive returns in the first two months of 2022
The head of President Joe Biden's security detail is retiring and taking a job with Citadel, billionaire Ken Griffin's hedge fund
A London-based hedge fund that suffered losses betting against US retailer GameStop Corp during the first meme stock rally in January is shutting down, a report said
Wall Street banks divided on the relative merits of the pair: Citigroup sees gold 'losing luster' to cryptocurrencies, while Goldman Sachs believes the two assets can coexist.
Swiss bank Credit Suisse said Monday that it may face a highly significant loss resulting from a default by a US-based hedge fund on margin calls that it and other banks made last week
Laurie Shaw's resume is straight from high-brow science and finance
The yet-to-be-named long-short fund will seek out about 30 undervalued companies with good governance, while shorting roughly 60 richly valued businesses with weak oversight
The fund delivered a return of 9.9 per cent in 2018, beating the average loss of 3.5 per cent for the Nordic Hedge Index
If the slowdown happens, the US market indices, which have already lost quite a lot of ground in the last six months, could lose even more ground
India witnessed just 3.5 per cent average growth in the IIP in five years from 2012-13 to 2017-18 against average 6.3 per cent in years before that since 1991 when economic reforms started
With both equity and bond markets likely to be disturbed this year, investors should allocate about 10 per cent to gold as a hedge against volatility
19% of 320 institutional investors managing $1.3 trn prefer India as investment destination in 2017
He doesn't have the assets or name recognition of computer-savvy giants like Renaissance TechnologiesYoshinori Nomura felt like weeping. It was the morning of June 24, Brexit day, and markets were moving against him.Well, not against him, exactly. It was the hedge fund manager's self-learning computer program that had placed the bet, selling Japanese stock-index futures before a sizable market advance. Nomura had anticipated a rally, but decided not to interfere, and his fund was paying the price.Then, in an instant, everything changed. When new vote counts signalled Britain was going to leave the European Union, a burst of selling sent Japanese shares to their biggest drop in five years. By luck or design, Nomura's Simplex Equity Futures Strategy Fund ended the day with a 3.4 per cent gain, one of its best results in three months of trading."The machine was right after all,'' said Nomura, who spent more than three years refining his trading program and now oversees about 3.5 billion y
Sanjay Valvani made a deal with a former US drug regulatory official to get confidential information; netted $25 million in profits
Metals, silver prices sharply rebound after easing concerns on China's growth