Has it ever been more expensive to hire a hedge fund portfolio manager? Amid the war for talent among multimanager investment firms, sign-on bonuses have grabbed headlines as they've stretched ...

The operator of a hedge fund that promised high returns, powered by artificial intelligence, pled guilty to fraud in a New York court on Thursday. At a federal courthouse in Brooklyn, Mina Tadrus pled ...

(Bloomberg) -- Clients of Seth Klarman’s Baupost Group pulled roughly $7 billion from the hedge fund in the past three years, losing patience with the famed value investor after a decade of ...

(Bloomberg) -- The rise of multi-manager hedge funds poses a threat to financial stability, according to Bank of England Governor Andrew Bailey. Bailey said there are signs of correlated activity ...

NEW YORK, Jan 24 (Reuters) - The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, research firm HFR said on Friday.