(Bloomberg) A hedge fund manager who admitted to swindling investors out of $554 million using some of the money to add to his $1.9 million museum-quality stuffed-animal collection had his prison sentence cut in half, to five years. Paul Greenwood, […]

(The Business Insider) Twilio, the tech company that had a blockbuster initial public offering last week, is on fire yet again. Shares of the company, which makes cloud communications tools for software developers, were up as high as 18% in […]

(Reuters) David Einhorn and Barry Rosenstein, two closely watched hedge fund managers ended June with losses, suffering some fallout from the markets sharp drop after Britain voted to leave the European Union a week ago. Einhorn’s Greenlight Capital told investors […]

(Bloomberg) Horseman Capital Management’s biggest hedge fund gained 7.4 percent over the last week, profiting from bearish stock bets as Britain’s vote to exit the European Union roiled global equity markets, according to a letter to investors seen by Bloomberg. […]

(Bloomberg) Gold will probably extend gains this half as Britain’s vote to quit the European Union adds to the case for the Federal Reserve pausing on interest rates, according to Ivan Szpakowski, who left Citigroup Inc. earlier this year to […]

(Bloomberg) Market neutral was the way to go after Brexit. Strategies that employ offsetting bets to orient themselves not around market moves but the performance of investment factors such as momentum and dividend yield were major winners as markets buckled […]

(Bloomberg) Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Brussels on Thursday. “This has been unfolding in […]

(Bloomberg) A global macro hedge fund overseen by H2O Asset Management lost 14.4 percent in the wild market swings after the U.K.’s shock vote to exit the European Union, according to data compiled by Bloomberg. The H2O Vivace fund, which […]

(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund made money on Friday when Britain’s decision to leave the European Union roiled global markets, according to a person with knowledge of the matter. The Brevan Howard Master Fund, which manages […]

(Valuewalk) Recently Japanese equity markets were hit by an ‘earthquake’. The biggest bank in Japan – Bank of Tokyo-Mitsubishi UFJ (BOTM) – resigned of his primary dealer status. The reason for such decision is the structure of government debt which […]

(Bloomberg) Chesapeake Partners Management, one of a handful of hedge funds run by a woman, will return money to investors after 25 years. The $1.4 billion firm managed by Traci Lerner will transform into one that oversees her own wealth, […]

(FinAlternatives) Alaska’s Permanent Fund will pull the $2 billion it has allocated to liquid funds of hedge funds and will instead make the investment decisions for that capital internally. Funds impacted by the decision include Crestline Investors, Mariner Investment Group […]