Markets

These were the top 15 highest-earning hedge funders in 2020

Hedge funds raked in big profits in 2020 amid a historically volatile market landscape. The leaders of 15 hedge funds earned a combined $US23 billion last year, according to a Bloomberg report. Listed below are the top 15 earning hedge fund managers of 2020, according to Bloomberg. Sign up here […]
These were the top 15 highest-earning hedge funders in 2020
Markets

The hedge fund industry raked in 12.3% last year, its largest annual return since 2009, as markets bounced back from coronavirus lows

Hedge funds enjoyed strong gains in 2020 as risk markets swiftly rebounded on recovery hopes and unprecedented stimulus. The average fund returned 12.3% in 2020, the largest annual return since 2009, according to analytics firm HFM. The hedge-fund industry’s assets under management ballooned 7.7% to a record $US3.5 trillion. Sign […]
The hedge fund industry raked in 12.3% last year, its largest annual return since 2009, as markets bounced back from coronavirus lows
Markets

Ray Dalio’s Bridgewater Associates reportedly lays off dozens of employees

Bridgewater Associates, the world’s largest hedge fund, laid off dozens of employees across the firm this month, the Wall Street Journal reported Friday. The job cuts spanned Bridgewater’s research team, client services, recruiters, audit groups, and the core management team, according to the report. Bridgewater told the Journal that “team […]
Ray Dalio’s Bridgewater Associates reportedly lays off dozens of employees
Markets

A one-man hedge fund has raked in a 56% return this year by betting on tech stocks built to thrive during the coronavirus outbreak

EMJ Capital – a one-man hedge fund- has gained 56% this year on well-placed technology companies benefiting amid the coronavirus crisis, Bloomberg’s Divya Balji reported Wednesday. The fund owns shares of Zoom,HelloFresh, and German food delivery app Delivery Hero. All three have boosted his returns this year. Outside of tech, […]
A one-man hedge fund has raked in a 56% return this year by betting on tech stocks built to thrive during the coronavirus outbreak