Tag: story
Marshall Wace Is Split Between New Recruits and Old Guard, Insiders...
There's a split internally at $65 billion Marshall Wace.The 27-year-old London-based hedge fund, founded by Paul Marshall and Ian Wace, has prided itself on...
How to Hedge Against Chaos, Secure 500% Upside: Manager up 891%
The performance of hedge fund manager Harris Kupperman's Praetorian Capital Fund is proof that being pessimistic can pay off — even when the economy...
Citadel’s Stockpickers Saw Big Gains in April Despite Market Downturn
Despite equity markets tumbling in April, Ken Griffin's teams of stockpickers helped lead his firm to a 2% return in its $61 billion flagship...
WorldQuant Launches Global Competition to Crowdfund Quant Talent
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"...
Trend-Chasing Hedge Funds Bounce Back; Performance From AQR, Man Group
CTAs have momentum this year.The trend-following strategy subset, which uses futures contracts to ride market momentum, lost money on average in 2023, according to...
Inside the Memoir by Tiger Global Founder Chase Coleman’s Former Assistant
For anyone wondering what it's like to work on Wall Street, Carrie Sun's book "Private Equity: A Memoir" describes her experience as the personal...
ExodusPoint Closes Paris Office 2 Years After Expansion Effort
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...
VCs Turn to Discounted Secondary Market to Return Funds to Investors
For the past couple of years, investors have been telling startup founders to get their houses in order.Venture capitalists want their portfolio companies to...