In what would be a unique double IPO, Ackman is looking to simultaneously list a new investment fund along with Pershing Square
Thiel's move comes at a time of rising concerns about an AI investment bubble, which turned Nvidia into the world's most valuable company
Technology is the second worst-performing S&P 500 sector year-to-date with about an 8 per cent loss, after consumer discretionary stocks which have tumbled just over 9 per cent
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies. "Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false," the firm said after a Canadian portal cited documents filed before a court in Ontario to allege that its founder Nate Anderson was under cloud for alleged links with hedge funds. Citing a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the Market Frauds portal said the head of Canada's Anson hedge fund, Moez Kassam admitted his firm has shared research "with a wide variety of sources" including Hindenburg's Nate Anderson. Hindenburg colluded with Anson while preparing a report. The preparation of bearish reports without disclosure of participation can be charged as securities fraud by the US Securities and Exchange Commission ...
Indian bank stocks have lagged the broader market, with sluggish deposit growth raising concerns that more regulation may be coming
After the hearing, Morton said his Miami-based Camshaft Fund has run out of cash and owes money to creditors
Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs
Jain Global will start trading July 1, according to people familiar with the matter. Investors include endowments, foundations, family offices, bank wealth platforms and sovereign wealth funds
"India has long been a favoured market based on economic growth, but given the downdraft in China this has been emphasised in the last year or so," said Joshua Crabb, a fund manager
"Byju's has gone to great lengths to conceal the whereabouts of borrower's $533 million for the admitted purpose of hindering and delaying" creditors, they argued in Miami-Dade County court filings
The North Carolina-born investor started New York-based Tiger Management in 1980 with $8.8 million. He was 48 at the time, relatively old to be launching his own firm
Tiger Global losses marked one of the biggest dollar declines for a hedge fund in history
Majority of such investments are mending after struggling to provide positive returns in the first two months of 2022
The head of President Joe Biden's security detail is retiring and taking a job with Citadel, billionaire Ken Griffin's hedge fund
A London-based hedge fund that suffered losses betting against US retailer GameStop Corp during the first meme stock rally in January is shutting down, a report said
Wall Street banks divided on the relative merits of the pair: Citigroup sees gold 'losing luster' to cryptocurrencies, while Goldman Sachs believes the two assets can coexist.
Swiss bank Credit Suisse said Monday that it may face a highly significant loss resulting from a default by a US-based hedge fund on margin calls that it and other banks made last week
Laurie Shaw's resume is straight from high-brow science and finance
The yet-to-be-named long-short fund will seek out about 30 undervalued companies with good governance, while shorting roughly 60 richly valued businesses with weak oversight
The fund delivered a return of 9.9 per cent in 2018, beating the average loss of 3.5 per cent for the Nordic Hedge Index