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

Hedge-fund billionaire Michael Hintze steps up succession planning at his flagship fund after it suffered a record 40% loss this year, report says

Hedge-fund billionaire Michael Hintze is stepping up succession plans for leadership at his firm CQS after it suffered a record 40% loss this year, Bloomberg said. Hintze is forming a group of senior partners that will together create firm-wide strategy initiatives and share higher equity stakes, according to a letter […]
Hedge-fund billionaire Michael Hintze steps up succession planning at his flagship fund after it suffered a record 40% loss this year, report says
Markets

Hedge funds are piling into healthcare stocks at record pace, Goldman Sachs says

Hedge fund positioning in healthcare stocks reached a record 10 percentage points overweight compared to the Russell 3000 index, Goldman Sachs said Friday. The rotation was primarily fuelled by soaring interest in biotech names. Recent weeks have seen investors pile into companies racing to introduce the first coronavirus treatment. Positioning […]
Hedge funds are piling into healthcare stocks at record pace, Goldman Sachs says
News

Hedge funds have run out of ideas

Hedge funds are neglecting to protect against the downside in stocks, with one hedging gauge sitting close to the lowest in five years. These funds are also seeing a near-record concentration in a small group of outperforming tech stocks, showing a lack of diversification. The top five stock holdings among […]
Hedge funds have run out of ideas