A high-flying private investment firm known for its prescient bets on tech is losing two of its top executives.» Read More
NEW YORK, May 15- Top U.S. hedge fund managers increased their stakes in Alibaba Group Holding Ltd at the end of the first quarter, positioning themselves to take advantage of any upswing after the Chinese e-commerce company's stock took a beating after a surprise revenue miss in January. Soros Fund Management LLC, Tiger Global Management LLC, Viking Global...
BOSTON, March 5- Hedge fund manager Patrick McCormack, a protégé of industry pioneer Julian Robertson, is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a letter sent to investors. Bloomberg first reported the news. Running a hedge fund "takes a lot out of a person," said Don Steinbrugge, an industry consultant at Agecroft Partners.
BOSTON, March 5- Hedge fund manager Patrick McCormack is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a letter sent to investors. Bloomberg first reported the news. When Stanley Druckenmiller and Chris Shumway announced their retirements in 2010 and 2011, their firms were liquidated.
Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.
The Tiger Management founder believes that even though "the economy is getting better," there are dangers stirring beneath the surface.
Tiger Management founder Julian Robertson expresses support for Google and calls it one of the best run companies in the world. Robertson also weighs in on Uber and says he would invest in the company.
Billionaire and hedge fund manager Julian Robertson explains why he doesn't think the government will let the U.S default.
Investing legend Julian Roberton shares his thoughts on Steve Jobs as a person and explains why he sold his shares of Apple.
*Some big-name Romney backers will be watching from Boston. Now, some heavyweights of the $2 trillion industry plan to break out the champagne and party in style Tuesday night as they cheer on their man at events in Boston, New York and even Las Vegas, according to people familiar with the Romney campaign and some of the big contributors.
Worried about the macro problems in Europe and the U.S., investors have become far too bearish, legendary hedge fund manager Julian Robertson told CNBC on Thursday.
Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.