hedge
Prosecutors in Andrew Left’s securities fraud trial say the prominent short-seller wasn’t always working alone in the tweet-and-trade tango he’s been accused of. Loading audio narration… The Citron Research founder is accused of manipulating the market and deceiving retail investors with a plan that earned him more than $20 million.Prosecutors…
Claims of historic performance are often exaggerated on Wall Street. But April was one for the record books. Loading audio narration… The sharp rebound across global markets pushed stocks to all-time highs, with the S&P 500 rising more than 10% in April. Hedge Fund Research called it a “historic gain”…
2024 was a marquee year for hedge fund startups, producing a hefty crop of pedigreed funds, including two of the largest launches ever: Jain Global and Taula Capital, both of which started with $5 billion or more in investor commitments. Loading audio narration… The third-largest of that year, Freestone Grove,…
For the second year in a row, March wasn’t pretty for many big-name hedge funds. Loading audio narration… Dmitry Balyasny’s eponymous manager was down 4.3% on the month, a person close to the firm told Business Insider. For the year, the $33 billion firm is down 3.8%. Michael Gelband’s ExodusPoint,…
