Hedge Fund - SAC Capital Advisors

Three years ago, Bill Ackman was shorting China’s currency. Now he’s going long on the country’s coffee drinkers. Revealing a stake of about 1.1 percent in Starbucks Corp.

Think about this when you hear the term “wealth gap”: A 2015 St. Louis Fed study found that between 1989 and 2013, even college-educated African Americans saw their wealth decline 55%.

Hedge fund Folger Hill Asset Management is merging with Schonfeld Strategic Advisors and returning capital to certain investors in May, according to an investor letter sent Tuesday night that was seen...

(Reuters) - The billionaire Steven A.

(Reuters) - Activist hedge fund Elliott Management Corp launched a campaign on Thursday to convince NXP Semiconductor NV (NXPI.O) mom-and-pop investors to shoot down a $38 billion deal to sell the semiconductor...

Howard Marks, the billionaire founder of the hedge fund Oaktree Capital, says investors are taking on uncharacteristic levels of risk as returns dry up.

Steve Cohen’s Point72 Asset Management returned about 1 percent in 2016, the second-worst annual performance ever for the billionaire investor, according to people familiar with the returns.

Crispin Odey, whose main hedge fund has lost about 43 percent this year, says U.K.

Famed short-seller Jim Chanos said that the fundamental story for Caterpillar has not changed and that he is still betting against the company. "The collapse has not happened.