The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil
Category: Hedge Funds
In About-Face, Wall Street’s Big Donors Warm to Trump
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.
Cocoa Prices are Going Nuts
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts.
Disney Fends Off Activist Investor, Nelson Peltz, in Shareholder Vote for Second Time
Nelson Peltz had campaigned for two seats on Disney’s board of directors, as he sought to shake up the company’s growth plan.
Famously Obstinate, Bill Ackman Is Now Real-Life Famous. What Next?
The hedge-funder who loves a public crusade — and taking charge — is on to a new stage of his career: online warrior.
The Hot New Market in Crypto? Trading FTX’s Carcass.
Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated.
Bill Ackman’s Campaign Against Harvard Followed Years of Resentment
The billionaire investor has mounted a high-profile battle against Harvard president Claudine Gay over antisemitism and threats to Jewish students on campus, but long-held personal grudges play a part, too.
Warring Billionaires, a Rogue Employee, a Divorce: One Hedge Fund’s Tale of Woe
Two Sigma, the $60 billion quantitative trading firm, has been beset by troubles this year that have tarnished its image and could hurt its future.
Billionaire Ray Dalio Pushes for Return to Hedge Fund in Succession Clash
Mr. Dalio retired from Bridgewater last year. But his successors at the world’s biggest hedge fund are discovering it’s not easy to operate with the firm’s founder looming over them.