Senate Hearing Into Valeant Includes Top Hedge Fund Investor
Senate lawmakers investigating price hikes by the embattled drugmaker Valeant Pharmaceuticals will also question one of the company’s leading investors, hedge fund manager William Ackman. The Senate Aging More...
Brevan Howard’s $20 billion flagship fund falls for second year
Brevan Howard’s $20 billion flagship fund is down for a second year in a row in a further blemish to the trading record of one of the largest hedge funds in Europe. While Brevan Howard’s 0.8 per cent More...
Richard Perry Invests in Williams Companies
Hedge fund manager Richard Perry ( Trades , Portfolio ) co-founded Perry Capital LLC more than a quarter of a century ago. His first major investment was Florists’ Transworld Delivery ( NASDAQ:FTD ), More...
New design hasn’t yet advanced Berkowitz museum
Fairholme Capital hedge fund manager Bruce Berkowitz is still struggling to build an art museum in Miami as the city government sends mixed signals about the planned project. “Either I’m doing something More...
World Bank & IMF ‘corroded’ – Jim Rogers to RT
In an interview to Russia Today last week, the former hedge fund manager Jim Rogers predicated that a Greek debt default could shake the global economy and plunge the indebted nation into a depression. The More...
Daniel Loeb’s Third Point Exits $1 Billion Alibaba Stake
Hedge fund manager Daniel Loeb’s Third Point exited its entire stake in China’s e-commerce giant Alibaba. The New York-based hedge fund dissolved its shares — valued at $1 billion — after the More...
Soros May Have to Shell Out Nearly $7 Billion in Back Taxes
Billionaire George Soros, one of the world’s leading investors, may face a colossal tax bill from the U.S. government. Using a loophole, Soros deferred taxes on fees paid by clients and More...
Larry Robbins Gives McDonald’s a Break with a Brand New Stake
McDonald’s has been a loser lately, given the healthy eating trend, but hedge fund manager Larry Robbins might be lovin’ the stock at these levels. For years, the iconic fast food joint has More...