Hedge Crunch FinancialRay Dalio
Klarman and Dalio Pessimistic in Davos
Hedge Fund superstars, Ray Dalio and Seth Klarman, both expressed worry over the global economy during the annual World Economic Forum that meets each year in Davos, Switzerland. Klarman’s dire warning was issued in a letter and caused a buzz at the prestigious conference. Called the next Warren Buffett by some, Klarman runs the Baupost […]
Rethinking Capitalism
According to a Gallup poll, about 51% of the US population say they are opposed to capitalism. Only 34% labeled themselves as capitalists, while 15% said they did not know. Paul Tudor Jones II presented this data to his audience at the Greenwich Economic Forum in Connecticut in mid-November and used it as a starting […]
Bridgewater Losing Another Top Exec
Bridgewater Associates, the world’s largest hedge fund, is saying good-bye to marketing head Parag Shah, who “recently agreed to step aside,” according to a Wall Street Journal report. Shah has been with Bridgewater, which controls $160 billion, since 2002. He will stay on the payroll during a “period of transition.” It is not a shock […]
Bridgewater Fund Down in First Half of 2017
Being the largest is not a guarantee that your funds will always rise, seems to be the lesson from the less than stellar performance of Bridgewater Associates’ Pure Alpha II Fund. Pure Alpha dropped by 2.5% during the first half of 2017, disappointing managers and investors alike. The Pure Alpha Fund’s drop can be compared […]
Top Revenues for Hedge Fund Managers
Despite the fact that investor returns for hedge funds were somewhat “disappointing,” hedge fund managers did not feel the pinch. Indeed, over the last ten years the industry has encountered very bad returns with Daniel S. Loeb referring to it a “catastrophic period.” Bringing home a staggering $11 billion, the top 25 hedge fund managers […]
The Top Hedge Fund Earners of 2016
We mean who brought home the most money, and not necessarily had the best returns, although these often go together considering the fees managers charge for performance. Broadly speaking the hedge fund industry had lackluster year, but at least the numbers are black. Hedge Funds returned 5.4 percent, kind of anemic compared to the robust […]
Ex-Apple Exec Joining World’s Largest Hedgefund
Bridgewater Associates, the managers of the world’s largest hedge fund, announced that it is taking on board former Apple Inc, executive Jon Rubinstein to be its co-chief executive. Rubinstein, who was involved in the development of the iconic Apple products the iMac and the iPod, will be joining Bridgewater in May, 2016 along with Eileen […]
Meet this Year’s Best Hedge Fund Managers
LCH Investments, a London-based fund of funds and a subsidiary of Edmond de Rothschild Capital Holdings Limited, just published its yearly list of the “most successful money managers” for the year 2015. The list looks at the total net gains, after fees have been subtracted, of each hedge fund manager, since the launch of the […]