Pequot Founder’s Legacy. Arthur Samberg, founder of Connecticut-based Pequot Capital Management, at one time one of the world’s leading funds, passed earlier this month after suffering from leukemia. Samberg led …
Hedge Fund Industry Loses Early Torchbearer Arthur Samberg Read More »
Chinese AI-Powered Hedge Fund Nears $1 Billion Shanghai-based hedge fund MingShi Investment Management implements artificial intelligence as its main strategy for making investments. The firm has already raised $600 million …
Hedge Fund MingShi + AI = $1 Billion Blockbuster Read More »
Wilshire Liquid Alternative Index Up in June. The Wilshire Liquid Alternative Index was up nearly 1% in June, continuing to show strength in navigating this year’s wild market ride. The …
Liquid Alternatives Showing Their Strength Amid 2020’s Volatility Read More »
Sloane Robinson, a London-based Hedge Fund co-founded by George Robinson, is set to close by the end of this year. This decision was based primarily on a decline in the …
Hedge Funds: London-Based Hedge Fund to Retreat Following Losses Read More »
Bill Ackman is doing well in 2020.
In the wake of the COVID-19 pandemic, Pershing Square Capital Management has returned 22% to 27% this year. That easily tops the S&P 500. It has been quite a run for Ackman, whose fund made more than $2 billion while hedging on a downturn at the start of the outbreak. Ackman famously warned that “hell is coming” when urging President Donald Trump to shut down the U.S. economy for 30 days.