Harvard Moves to Outsource Management of Most of Its Endowment
After years of turmoil at the top, Harvard is reversing its long-standing commitment to managing most of its endowment money in house. The management company will lay off up to half its investment staff and spin out its real estate business.
January 25, 2017
Hedge Fund Titans Bet Big on Drugmaker Shire’s Success
John Paulson, Dan Loeb, and other prominent Investors move into an industry in flux.
December 8, 2016
Ray Dalio’s Bridgewater Extends Gains in Main Funds
The world’s largest hedge fund firm has become more optimistic since the election.
December 6, 2016
Hedge Fund Manager David Ganek Still Wants His Day in Court
The Level Global co-founder insists the FBI raid on his hedge fund firm improperly damaged his reputation, but his case raises questions about how hedge fund traders find an edge.
September 16, 2016
The Beginning of the End for High Hedge Fund Fees?
Industry watchers have said for years that hedge fund fees will have to fall significantly. They haven’t yet, but the tide may be turning.
September 15, 2016
Hedge Fund Managers Can’t Always Hedge Their Politics
AQR co-founder Cliff Asness’ support of both Republican presidential candidate Marco Rubio and the International Rescue Organization highlights tricky issues around political endorsements.
November 26, 2015
Book Excerpt: Muddy Waters’ Carson Block on Short Selling
Five years ago Carson Block set up research firm Muddy Waters to expose corporate frauds like China’s Orient Paper for opportunistic hedge fund managers looking for a good short.
September 25, 2015
Hedge Funds and Tech Stocks: A Tighter Focus, a Wider Search
Some managers dumped tech shares in the carnage. But others redoubled efforts to find winners. Google isn’t going away.
September 2, 2015
The 2015 Hedge Fund Rising Stars: Harlan Saroken
The Perry Capital marketing and investor relations specialist took a brief detour from Wall Street to work in the diamond business.
June 15, 2015
Bridgewater’s Ray Dalio Explains the Power of Not Knowing
Raymond Dalio reveals how Bridgewater became the world’s largest hedge fund firm by focusing not on what its people know but on how they deal with what they don’t know.
March 6, 2015