Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund's campaign to seek change at the company and a possible merger approach.
A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private equity investors in the United States warned at an investment conference on Wednesday.
Erik Cetrulo, a former portfolio manager at Steven Cohen's Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of 2019, two sources familiar with the situation said.
Emerging market equities and real-estate debt remain attractive at a time when most of the year's gains in the S&P 500 have already been realized, billionaire investor Howard Marks said on Wednesday at the CNBC Institutional Investor Delivering Alpha conference in New York.
U.S. mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday.
Billionaire investor Kenneth Griffin on Wednesday praised President Donald Trump's policies but warned that prolonged trade wars could harm consumers and companies alike.
Investment firm PAAMCO Prisma, one of the world's biggest investors in hedge funds, said on Tuesday that a six-person executive committee will replace the firm's two co-chief executives who are stepping down on Aug. 1.
The CEO of Vespula Capital tells Reuters' Fred Katayama investors need to own non-correlated assets to offset the high concentration of tech stocks in index funds. He identifies some undervalued assets.
.S. stocks mostly edged lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials. Fred Katayama reports.
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