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Third Point Increases Net Long Exposure As a Handful of Winners Lift Returns

At least two stocks posted returns of about 80 percent last month, driving results in May.

Andrew Left’s Fraud Conviction Raises New Risks for Activist Short Sellers

Investors and managers are weighing whether the verdict could embolden regulators and reshape how short sellers trade and disclose positions.

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How Nonprofits of Varying Sizes Can Tap Into Big-firm Investment Expertise

Greenlight Trades Upside for Protection as Rally Extends

David Einhorn’s hedge fund lost 5.1 percent in May as its low exposure and macro hedges limited gains during another market surge.

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