Hedge funds

The rewards for the men — and they’re all men — are notable, especially given only a third of the top 15 managers on the list beat the S&P 500.

Just 15% have incorporated ESG in their strategies, according to a report.

The firm is testing a new robot designed to execute corporate-bond trades directly with bots at dealer counterparties.

The promotions positions Jim’s son Nathaniel Simons to assume his father’s role as chairman under a succession plan that began about a decade ago.

Macro funds, which invest in broad global trends, had the biggest disparity.

David Vogel, who spent five years using data to study the impact of global warming, is starting the fund as pensions and large investors increasingly seek ESG investments.

Asset managers stand to gain from an SEC-approved ETF structure since “selection of securities is the intellectual property for which they are paid fees.”

MFA hired a former George W. Bush administration staffer to bolster its lobbying presence ahead of what promises to be a turbulent political year.

About $2 billion of assets will be available to the company’s retail clients.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.

Investors are pulling money at an accelerated pace as high fees and mediocre returns send them searching for yield elsewhere.

Competition with an ever-rising stock market, the difficulty of raising assets and the steady march of time are just a few factors leading managers to the exit.

As the hedge fund manager nears a deal with the MLB team, he says his role as head of Point72 Asset Management will not change.

Financed by their personal savings, the team behind the machine-learning fund have harnessed their engineering acumen to invest in developed markets.

The move comes amid years of mediocre returns posted by hedge funds, prompting investors to pull money and demand lower fees.

The NHL team owner and famed asset manager’s challenges illustrates how the appetite for hedge funds has changed since he first got into the business.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

Funds of funds, pensions, consultants, family offices and endowments have pulled $16.4 billion from generalist long-short equity funds this year.

Asset managers and traders who stand to gain bought credit default swaps in the 178-year-old company.

The fund has returned 54.5% on its investments this year through August, fueling a 48% gain for shares of Pershing Square Holdings.