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WorldQuant Launches Global Competition to Crowdfund Quant Talent

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WorldQuant has a few mantras.The new-age website of the $9 billion quant manager run by Igor Tulchinsky features several, such as "information is opportunity"...

How Hedge-Fund Allocators Are Tweaking Due Diligence on Multi-Strategy Firms

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Evaluating a traditional hedge fund was once reasonably straightforward.You'd talk with the chief investment officer and a few senior staff, review its trade history,...

ExodusPoint Closes Paris Office 2 Years After Expansion Effort

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Now it has bid the city au revoir. Michael Gelband's $12 billion multi-strategy fund recently closed its Paris location, according to people familiar with...

Where to Invest Money for Growth in 2024, and Top Commodity...

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Forecasters remain split in their views on the US economy this year. Some are still calling for a potential recession, noting that we aren't...

Inside Citadel’s New Program for New Hires Waiting Out Garden Leaves

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Citadel and Citadel Securities — the $56 billion hedge fund and industry-leading market maker, respectively — are no strangers to new hires having to...

20 Stocks Hedge Funds Love Most Right Now: Bank of America

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Although US stocks have been on a tear lately, professional investors aren't getting too excited.The S&P 500's rally to record highs in late January...

Here’s Why a Top VC Is Going After Later-Stage Healthcare Deals...

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Healthcare venture funding took a nosedive in 2023 — and later-stage startups were hit particularly hard.As companies at Series B or later struggled to...

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