Hedge funds

When the product was announced a number of customers took to social media to voice questions and concerns.

Assets topped $6 trillion as investors continue to move money into passively managed funds.

The offering will either directly lend to businesses or invest in the credit of companies facing distress.

The money manager has been shorting a group of technology stocks, which he’s described as a “bubble basket.”

The $11 billion hedge fund is accused of operating like a “boys’ club” where women were paid less than their male counterparts.

Following criticism for its faulty 2016 election algorithms, the firm appointed a new research director to collaborate with its quants and money managers.

Funds managed by Marco “Mick” Hellman sold most of their holdings, while CEO Dan Arnold received options worth $5 million.

The Silicon Valley robo advisor is offering a proprietary product using risk parity, but advisors debate if it is worth the fee.

The recent plunge raised suspicions that quants had caused or exacerbated the sell-off.

Thanks to differentiated bets on stocks, equity mutual funds beat benchmarks across the board.