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Here are the hedge fund winners and losers of 2022. → Read More
Divya Nettimi’s ability to kick-start the firm now is all the more remarkable as a sharp decline in equity markets has made fundraising more difficult → Read More
Scrutiny may show whether Morgan Stanley or others crossed legal lines with early calls → Read More
(Bloomberg) -- Ray Dalio, the billionaire founder of the world’s largest hedge fund, said there’s about a 25% chance of a U.S. recession this year and in 2020 and that central bankers will be limited in addressing it. → Read More
If Chase Coleman didn’t exist, Hollywood would surely invent him. Born into New York aristocracy and educated at fine schools, Charles Payson “Chase” Coleman III was all of 25 when the hedge fund legend Julian Robertson handed him $25 million to start his own fund. → Read More
Bridgewater Associates’ flagship hedge fund rose 14.6 percent last year as stocks fell broadly, according to a document seen by Bloomberg. The Westport, Connecticut-based firm is the world’s biggest hedge fund with about $160 billion in assets. → Read More
Welcome to Black Friday -- retailers’ favorite time of year. With the U.S. economy strong, forecasts are signaling massive sales over the five-day period. Brian Cornell, chief executive officer of Target Corp. → Read More
Lululemon Athletica Inc. has named Calvin McDonald to lead the surging yogawear brand as it looks to rehabilitate its culture and expand its international presence. → Read More
The Trump administration’s promise to keep consumer products out of the trade war -- so shoppers wouldn’t take a hit -- may be falling by the wayside. → Read More
(Bloomberg) -- Macy's Inc. said hackers obtained names and passwords of online customers and potentially were able to access data including their credit card numbers and expiration dates. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday. Customer login and password data were taken from… → Read More
It may only be July, but Christmas is fast-approaching for U.S. retailers -- and the threat of an escalating trade war with China has industries that have so far been spared increasingly worried their goods will be next on the naughty list. → Read More
The firm has made about $3 billion after investing $1 billion in Flipkart Group, according to a person familiar with the matter, who asked not to be named. Walmart will acquire a majority stake in India’s biggest online retailer, the companies said Wednesday. → Read More
Jeffrey Gundlach, the chief investment officer of Los Angeles-based DoubleLine Capital, used the Sohn Conference in New York to recommend shorting Facebook Inc. as a relative-value trade. → Read More
Some big-name hedge funds are suffering losses even after getting what many in the industry have been asking for: more volatility. It just wasn’t the right kind. → Read More
Dan Loeb said while he’s watching inflation and interest rates, the bigger concern is if investors are overly optimistic about earnings and economic growth. → Read More
Steve Cohen’s family office, which is in the midst of transforming into a hedge fund, boosted Amazon.com Inc. into its biggest disclosed U.S. stock holding as of the end of the year. → Read More
While most of the world’s institutional investors watched from the sidelines as cryptocurrencies surged last year, a small group of hedge fund managers piled in. → Read More
Even a new U.S. president and rising geopolitical tensions couldn’t stop stock markets from marching higher. But that’s about to change, money managers say. → Read More
Bitcoin’s triumphant debut on Wall Street hasn’t ended the financial industry’s skepticism. → Read More
“We can have a 5 to 8 percent correction anytime,” said Cooperman, founder of Omega Advisors. → Read More