33 h. ago Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Bessent, a former hedge fund manager, reportedly has a net worth of around $600 million

Events

53 h. ago London gets what it asked for with Dan Loeb’s hedge fund fight

London gets what it asked for with Dan Loeb’s hedge fund fight  Financial Times

Politics

5 d. ago Raducanu begins Roig partnership with victory against Danilovic in Cincinnati

Raducanu eases into third round with 6-3, 6-2Briton will face either Sabalenka or Vondrousova nextThe Francisco Roig era of Emma Raducanu’s career began with a positive performance as the 30th seed defeated Olga Danilovic of Serbia 6-3, 6-2 on a sweltering day in the second round at the Cincinnati Open.Raducanu’s recent progress has been driven by her reliability against inferior opponents and she is now 19-4 against lower-ranked players over the past year. Having spent much of the past four years struggling to string together wins, she is now as match-tough as she has ever been. Continue reading...

Politics

7 d. ago Hedge Fund Point72 paid 300+ staff £650k on average in London

Hedge Fund Point72 paid 300+ staff £650k on average in London  eFinancialCareers

Economics

7 d. ago First ever vegan egg lands in UK as key ingredient 'looks, cooks and tastes like egg'

The vegan egg substitute gained popularity in the US before its UK launch

Events

8 d. ago Pippa Middleton to follow in her sister Kate's footsteps with new childcare project as she's granted approval for major change at her £1.5million Bucklebury Farm Park

Pippa and her husband, hedge-fund manager James Matthews, 49, have overcome backlash from local council members to open a nursery at their Buckleberry Farm in Berkshire.

Economics

1 week ago BP to report on cost cuts as activist investor Elliott steps up pressure

Status update on plan to save $5bn comes as US hedge fund pushes energy major to go even further

Economics

4 w. ago University of California fund ditches hedge funds with scathing rebuke

Chief investment officer says stocks and bonds would have prevented ‘all the drama’

Politics

4 w. ago Big launch, small gains: Bobby Jain struggles to match hedge fund giants

Jain Global’s first year showcases the huge barriers to entry of starting a new multi-strategy hedge fund

Economics