The quants who built computer-run trading strategies aren't ready to hand it over to AI
The technology is only as good as the end user, many quant investors said this week at a London conference.
Hedge Funds
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A star trader is out at $12.8 billion LMR Partners after a mortgage-backed securities trade backfires
Andrew Berger was one of the buzziest PMs after racking up hundreds of millions in gains. He's left LMR after a drawdown in September.
The latest additions to the Tiger Cub family: A new $1 billion Coatue spin-out and Stephen Mandel's son's new fund
Daniel Senft's NX1 Capital is set to launch in January and has already made several key hires.
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Big hedge funds' smaller strategies are outperforming their flagships so far in 2025
Some strategies have been more fruitful than others for the industry's biggest players this year.
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Hedge fund September returns: Here's how Citadel, Millennium, and Balyasny have performed so far this year
Big-name funds were mostly unable to keep up with the S&P 500's gains in September.
Business Insider's 2025 Rising Stars of Wall Street
From financing the future of technology to advising on the IPO comeback, here's why these young finance leaders are the ones to watch in 2025.
Here's the chatter from hedge fund conferences run by Goldman Sachs, Morgan Stanley, Citi, and Kepler
Hedge fund conference season has kicked off, spotlighting market worries, Bridgewater's new fixed-income fund, and multistrategy fatigue.
Crucial economic data won't be released because of the government shutdown. Here are the alternatives top macro investors use.
Macro investors are trying to understand the world's largest economy without reports from the US government.
$34 billion quant hedge fund Qube is going live with a human stock-picking group next week
The fundamental analysts will each be given a sleeve of capital and are divided by sector.
Trump's $100,000 visa fee threatens Wall Street's pipeline of junior bankers and tech talent
Wall Street is racing to determine what the new $100,000 fee means for hiring. Here are the jobs most likely to be affected.
The investor behind the Opendoor rally has spurred a 120% gain in another stock
Erick Jackson unveiled a bullish call on Better stock this week, sending shares up as much as 120% in two days.
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$12 billion Walleye will back a new $500 million hedge fund from a former Millennium and Citadel healthcare portfolio manager
Soren Gandrud's Jones Hill is expected to begin trading in the first quarter of 2026 with at least $500 million.
Hedge funder Eric Jackson thinks he has another secret weapon that'll pump Opendoor stock to the moon: Drake
Hedge fund manager Eric Jackson has been running a social media campaign to catch the attention of rapper Drake, who he thinks should buy Opendoor stock.
This $250 million asset manager is reviving a short-selling hedge fund as it bets on a coming downturn
Little Harbor Advisors will invest in external short-selling firms like Orso Partners and internal portfolio managers through its new fund.
Why the market's new favorite meme stock is surging again
Opendoor announced several leadership updates that sent the stock soaring. It's a win for Eric Jackson, who has pushed for the founders to return.
Point72 quant head Denis Dancanet is out. WorldQuant's former CIO is taking over Cubist.
Point72 appointed Geoffrey Lauprete, who was planning to launch his own fund, to lead its quant unit, Cubist.
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How the biggest hedge funds performed in August, including Citadel, Millennium, and Point72
Equity markets hit all-time highs last month despite shaky earnings from the world's largest company.
Billionaire Ken Griffin has a clear message for Trump: Don't mess with the Fed's independence
Ken Griffin says that the Trump administration's approach to pressuring the Fed is reminiscent of emerging markets.
From hedge funds to banks: 3 execs reveal their go-to hiring question
From a CEO to a CIO, 3 finance executives share the interview questions they use to spot standout candidates
Elliott is taking on Pepsi, but today's activist campaigns are more playbook than knife fight
Companies settle with activists quickly now, according to a report from Barclays.