Elliott Management Corp, a hedge fund known for its high-profile shareholder-activist campaign, wants to join the Ceasing SPAC Craze. The firm, founded by billionaire Paul Singer, is meeting with bankers about raising …
Read More »Melvin Capital lost 53% in January, Gametop and other bets hurt
Melvin Capital Management, a hedge fund that has recently taken the brunt of losses from soaring stock prices, lost 53% in January, according to people familiar with the firm. Melvin was founded …
Read More »$ 2.75 billion investment in Melvin Capital Management from Citadel, Point 72
Citadel Fund LLC and Point 72 Asset Management are investing $ 2.75 billion in Citadel Fund Alvin Capital Management, which has been hit hard by a series of small bets to start …
Read More »Why BlackRock CEOs Hurt Retirement Crisis
Word size CEO Larry Fink says that despite US sanctions, money is being pumped into Chinese investments. Simon Dawson / Bloomberg also as black RockOf Blackrock CEO Larry Fink said earnings increased …
Read More »Intel Investors Hope to Hope in Dan Loeb 2021
Word size Third point CEO Daniel Loeb David Paul Morris / Bloomberg After a difficult year, Intel Officials got one last surprise in 2020. This came as a sharp word from active …
Read More »Tesla Bulls reached double down as stock heights
Die hard tesla Inc. TSLA 5.96% Investors feel: The stock is expanding its tireless run, and the company is set to join the S & P 500, the most widely tracked stock …
Read More »Rebounding Corporate Profits Fortify Stock Market Rally
Large US companies have given expectations in this earnings season, potentially laying the foundation for the next phase of the stock market rally as investors go beyond elections. As with most companies …
Read More »Investors battle Fidelity in court in tax-break deal
In the final days of 2017, Malcolm and Emily Fairbarn thought they had a hedge-fund set to hit more than $ 200 million in income. He prepared a large charitable donation, using …
Read More »Invesco launches four new funds associated with the flagship QQQ Tech ETF
Invesco<span class="company-name-type"> Limited</span> IVZ <span>3.21%</span> Adding more QS to its fund lineup is a wager by the world's fourth-largest issuer of exchange-traded products that investors' love affair with technology stocks will continue. …
Read More »Trins wants to merge Nelson Peltz Invesco and Janus Henderson
The asset-management industry has been steadily strengthening for over a decade — but Nelson Peltz feels it is not happening as fast. His company, Trian Fund Management, took a mere 9.9% stake …
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