Chase Coleman III named world’s top hedge fund manager after making $3bn last year

A descendant of the last Dutch governor of New York has been named the world’s top hedge fund manager after adding billions to his personal fortune. Chase Coleman III topped Bloomberg‘s annual list of the top 15 earners of 2020, making $3billion this year, according to the outlet’s Billionaires Index. Collectively, the 15 hedge fund managers … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more

UK-based hedge fund chief fires warning shot to vigilante traders

Reddit bulls WILL be tamed: UK-based hedge fund chief fires warning shot to vigilante traders By Lucy White For The Daily Mail Published: 21:53 GMT, 29 January 2021 | Updated: 21:53 GMT, 29 January 2021 The chief economist of a major UK hedge fund has said it is ‘ludicrous’ to suggest small investors managed to … Read more

Leylandii owner wins battle to keep her 13ft-high hedge after three-year battle with ex-friend

Leylandii owner wins battle to keep her 13ft-high hedge after saying row with former friend next door over the trees left her feeling ‘bullied’ Former friends Linda McKimmie and Tania Easton have fallen out over the hedge Council initially ordered it should be trimmed down to before successful appeal Lelyandii owner Linda said she felt bullied … Read more

Vulture hedge fund Elliott Advisors hands out £93m to 107 London staff

Vulture hedge fund behind struggling bookshop chain Waterstones hands out £93m to its 107 London employees By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 January 2021 | Updated: 21:50 GMT, 18 January 2021 The aggressive hedge fund behind Waterstones has dished out £93million to its staff in London. Elliott Advisors shared the … Read more

British hedge fund tycoon hit with £1.5bn fraud charge

British hedge fund tycoon hit with £1.5bn fraud charge by Danish authorities By Mark Shapland For The Daily Mail Published: 22:21 GMT, 7 January 2021 | Updated: 22:38 GMT, 7 January 2021 A British hedge fund tycoon has been charged with fraud by Danish authorities relating to one of the biggest financial heists ever seen. … Read more

Billionaire Michael Platt whose hedge fund used algorithm to generate poorer returns fined $170m

A hedge fund tied to a British billionaire who was caught on camera last year bragging about his wealth has been fined $170 million for lying to investors.  Hedge-fund manager 52-year-old Michael Platt who co-founded BlueCrest Capital Management and who is estimated to be worth $8 billion, boasted to a New York taxi driver last … Read more

Warren Buffett arrogant, says hedge fund king Sir Paul Marshall

Famed stock-picker Warren Buffett is arrogant, claims Brexiteer hedge fund king Sir Paul Marshall By Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 5 December 2020 | Updated: 21:51 GMT, 5 December 2020 British hedge fund tycoon Sir Paul Marshall has branded famed stock-picker Warren Buffett as ‘arrogant’ for suggesting that top investors do … Read more