Hedge fund billionaire John Paulson netted $1.3 billion on an M&A deal, and Carl Icahn and Bill Ackman are "trading places" on Herbalife, reports CNBC's Kate Kelly.» Read More
Hedge funds have gotten a lot of bad publicity over the past few years, but most institutional investors couldn't care less.
June 16- Senate Finance Committee Chairman Ron Wyden has asked the Obama administration why the United States failed to stop a tax-avoidance strategy used by hedge funds, including John Paulson's Paulson& Co, Bloomberg reported.
The SEC and Goldman Sachs declined comment. The SEC accused Tourre, a vice president at Goldman, of concealing from investors that Paulson& Co, the hedge fund of billionaire John Paulson, was involved in putting Abacus together and was betting against it.
NEW YORK, May 15 (Reuters)- Hedge fund Paulson& Co in Q1 maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund as bullion prices rebounded from their biggest annual loss in 32 years in 2013, while PIMCO dissolved its gold ETF investment.
NEW YORK, May 15- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a third consecutive quarter in Q1, as bullion prices rebounded after notching their biggest annual loss in 32 years in 2013..
According to Institutional Investors' annual "rich list," the 25 highest paid hedge fund managers took home $21 billion in 2013. CNBC's Dominic Chu has the details.
NEW YORK, May 6- Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running by earning $3.5 billion in 2013 with a savvy bet on airline stocks, according to a new ranking. Tepper, who runs Appaloosa Management, was followed in second place by Steven A. Cohen, who earned $2.4 billion.
While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.
CNBC's Kate Kelly breaks down 2013's top hedge funds and details how noted hedge fund manager John Paulson made a huge comeback and succeeded in outperforming the S&P. Anthony Scaramucci of SkyBridge Capital, weighs in.
FedEx CEO Fred Smith also told CNBC he's "flattered" that Dan Loeb has taken a major stake in the company.
The NYSE and iBillionaire have launched the iBillionaire Index, which tracks the blue-chip stock holdings of leading billionaire investors.
Billionaire hedge funder John Paulson explains why his Steinway purchase is not just business, it's personal.
Hedge fund manager John Paulson, extended his portfolios' wins in September, resulting in two-digit gains, a person familiar with the numbers said.
Ex-Goldman VP Fabrice Tourre asked a federal judge to dismiss the SEC case against him or set a new trial.
The former Goldman Sachs bond trader known as "Fabulous Fab" was found liable on six of seven counts of defrauding investors in a mortgage securities fraud case brought by the SEC.
The defense team for former Goldman Sachs trader Fabrice Tourre has rested its case without calling any witnesses, and summations in SEC v. Tourre are scheduled to begin Tuesday.
Yra Harris, Praxis Trading; Dennis Gartman, The Gartman Letter; James Paulsen, Wells Capital Management; discuss gold and why they're getting more bullish on bullion
Investing pros offered up a diverse list of ideas for how to make money in the this market during the Delivering Alpha conference presented by CNBC and Institutional Investor.
John Paulson created quite a buzz in the housing market yesterday at the Delivering Alpha conference. CNBC's Diana Olick digs into the latest housing data for your best investment.