Tiger Global, which manages roughly $14.5 billion in hedge fund and private equity portfolios, wrote to investors in a Nov. 25 letter seen by Reuters, that it wants to raise as much as $1 billion in new capital at its Tiger Global Long Opportunities fund. Co-founded by Chase Coleman, Tiger Global was seeded by hedge fund industry veteran Julian Robertson and ranks...» Read More
June 2- The Institute for Supply Management corrected its key manufacturing activity index for May to 55.4, nearly in line with expectations, after economists on Monday said the original release's reading of 53.2 was incorrect.
June 2- The Institute for Supply Management's manufacturing index for May, originally reported at 53.2, will be corrected to show a faster acceleration in factory activity last month, CNBC said on Monday, citing ISM as the source.
*Majority of money held in funds worth more than $1 billion. LONDON, June 1- The world's biggest hedge funds are managing more money than ever before- even while the returns they provide look less attractive compared to those achieved by younger, smaller firms.
Japan overhauled the world's biggest public pension fund in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.
Citigroup will not webcast its annual meeting next week in St. Louis, in a move one analyst called "ridiculous."
Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil
Healthcare, energy and financial services are growth areas for the private equity industry, executives told CNBC.
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Andrew Economos, Head of Sovereign & Institutional Strategy at JP Morgan Asset Management, explains why you should put your cash in developed markets, particularly in the U.S.
As economic growth slows in emerging markets, there are fears that capital outflows could be the first signs of a credit crunch.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
Rajeeva Bandaranaike, CEO of the Colombo Stock Exchange, explains the group's plans of attracting more capital into the country.
Liz Ann Sonders, SVP & Chief Investment Strategist at Charles Schwab, explains why she thinks the recent strike against the equity markets is short-term.
Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, even as it pleaded guilty to insider trading charges.
In a time of dizzying capital flows in emerging markets, Mexico looks positively stable by comparison.
In his first TV interview in Asia, group CEO Antony Jenkins describes how the bank plans to raise additional capital to meet new regulatory requirements.
Hedge fund investors have begun to like stocks again—just in time for what appears to be a rough summer ahead for the equity markets.
Historically speaking, the list of winners is short and the list of losers long in a rising interest rate investing climate.
There are rip-your-face-off rallies and then there are the rip-your-face-off retreats—the kind Wall Street experienced Thursday during a brief but vicious yen surge.
Japan's public pension fund - a pool of over $1 trillion - is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to people familiar with the deliberations.