World’s largest hedge funds record bumper year of profits, research shows
The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed.…
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person…
Inflation gives millions new access to investments for the wealthy, says SEC
Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue…
Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse
Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…
Bill Ackman explains why he embraced RFK Jr.’s skepticism on Covid vaccines
Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund…
Supreme Court Justice Samuel Alito takes heat for trip on private jet owned by hedge-fund billionaire
Senate Democrats on Wednesday blasted Supreme Court Justice Samuel Alito for failing to disclose as a gift his trip on…
March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares by the…
