NEW YORK, July 23- A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. New York- based BlueMountain Capital Management filed a lawsuit in the district court of Puerto Rico on Tuesday, claiming that the new law, known as the Recovery Act, runs counter to both the Puerto Rican and U.S. constitutions.» Read More
If you don't know who Victor Niederhoffer is you should. With that goal in mind, NetNet is going to begin following his blog, Daily Speculations , and providing regular commentary and links.
At least as noteworthy as what attorneys did say in two-and-a-half hours of opening statements in the Raj Rajaratnam insider trading trial is what they did not say.
Millions of people use Twitter to follow their friends, read the news and share information. A new hedge fund will soon use tweets to make investing decisions. Would you use Twitter for investment advice? Share your opinion.
Ralph Rosenberg, ex-Goldman Sachs and Eton Park partner has just been made the chief of global real- estate investing at KKR.
Carl C. Icahn is returning all outside money in his hedge fund, citing his reluctance to be responsible to investors through another possible crisis. The New York Times reports.
The battle has been joined—and the belligerents have hewn to precisely the war plan one would expect of each.
There is something curious about the SEC accusations against former Goldman Sachs board director Rajat Gupta. The New York Times reports.
Kate Kelly goes one-on-one with the two key players behind an ambitious new UK hedge fund launching in early April, which is promising its investors outsized returns using millions of random tweets to predict changes in the stock market.
As more farmers tweet about everything from crops to weather conditions, commodities traders are picking up market-moving information in an instant.
As a London hedge fund prepares to start making investment decisions based on tweets, we want to know if you would invest in a fund that uses such a strategy.
Last fall, Indiana University informatics professor Johan Bollen stumbled upon an astonishing connection: That the social network Twitter could predict swings in the Dow Jones Industrial Average with 87 percent accuracy.
'Bullish sentiment on market performance, flows and industry dynamics were the clear messages conveyed by the investors,' Deutsche Bank said.
Some of the best-known hedge funds have struggled this year to outperform the stock market, with many turning in 3 percent or 4 percent year-to-date returns during a period where the S&P 500 was up nearly 6 percent.
When Raj Rajaratnam was a hedge fund baron managing billions of dollars and being lionized as one of Wall Streets savviest investors, he was asked what made him so successful. A decade later, Mr. Rajaratnam is taking the biggest calculated risk of his life. The New York Times reports.
Lloyd C. Blankfein has emerged as a possible witness in the insider trading trial of Raj Rajaratnam, the NY Times reports.
Where’s the fast money finding opportunity? In this regular feature Anthony Scaramucci aka The Hedge reveals his latest greatest pick!
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
In separate interviews, Ray Dalio of Bridgewater Associates, Warren Buffett, and Sam Zell all predicted that the dollar will face tough sledding in the months to come, affecting everything from Americans' standard of living to the growth of the smallest developing countries.
The dollar's dominance in the world will diminish, due to increased pressure from emerging markets to slow their economies over the next 18 months, Ray Dalio, founder & CIO of Bridgewater Associates told CNBC.
The stories coming out of Bridgewater Capital, the largest hedge fund in the United States, keep getting more bizarre.
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Another prominent market bull has joined the growing ranks of Wall Street strategists who think a correction is not far away.
Billionaire money manager John Paulson still thinks buying a home to live in is the best investment possible.
For the first time in recent memory, Main Street borrowing and spending has been a bigger driver of earnings than Wall Street's trading.