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
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.
BOSTON, April 7- Hedge fund manager John Paulson's returns dipped in March, hurt in part by losses in the gold market, two people familiar with the numbers told Reuters on Monday. The Paulson Advantage Plus Fund dipped 7.4 percent last month, cutting its year-to-date gains to 2.6 percent.
LONDON, March 31- Global initial public offerings almost doubled in value in the first quarter of 2014, Thomson Reuters data showed on Monday, with Europe leading the way thanks to a nascent economic recovery that lifted investors' confidence and stock markets. "There have been some fantastic deals," said Martin Thorneycroft, head of syndicate at Morgan Stanley.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.
NEW YORK, March 12- A U.S. judge on Wednesday ordered former Goldman Sachs Group Inc trader Fabrice Tourre to pay more than $825,000 after a jury found him liable for defrauding investors in a subprime mortgage product that failed during the financial crisis.
District Judge Katherine Forrest in Manhattan came in one of the highest-profile cases brought by the U.S. Securities and Exchange Commission in response to the events leading up to the 2008 financial crisis. The SEC had sought to recoup $1.15 million from Tourre, including a $910,000 fine plus ill-gotten gains and interest.
*Tensions over Ukraine hurt stocks, support gold. NEW YORK/ LONDON, March 10- Gold prices were little changed on Monday as disappointing Chinese export data helped underpin the market, with bullion investors closely monitoring the latest development in the standoff in Ukraine between Russia and the West.
"Europe is about three years behind the United States. The recovery both in the macroeconomy and stock prices is lagging, that's why U.S. investors are coming in now, "said Joseph Oughourlian, CEO of London- based hedge fund Amber Capital.
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.