Hedge funds
Archegos’ Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors
Business
Sung Kook “Bill” Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as the trial on charges ...
Hedge funds are dumping tech stocks at the quickest pace in 7 months after piling in ahead of Nvidia’s wild earnings report
Business
Thibault Camus, AP; Jeff Chiu, AP Hedge funds that reveled in tech stocks before Nvidia’s last week earnings are cashing out. The ...
Citadel to Return $7 Billion of Profit to Hedge Fund Clients
Business
(Bloomberg) — Ken Griffin’s Citadel plans to return about $7 billion to clients after double-digit gains in its multistrategy hedge funds over ...
Short Seller Jim Chanos Shuts Hedge Funds After 38-Year Run
Business
(Bloomberg) — Jim Chanos, the legendary short seller known for his bearish bets against Enron and Tesla Inc., is shuttering his hedge ...
Hedge Funds Catapulted Treasury Shorts to Record at Wrong Time
Business
(Bloomberg) — Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data ...
In the Market-Treasury market braces for seismic SEC rule
Business
By Paritosh Bansal (Reuters) – Treasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled ...
Worst October for Stocks in Five Years Has Investors Exiting Market
Business
(Bloomberg) — The VIX is at 20, stocks are on the brink of their worst October in five years, and every other ...