24 h. ago US Democrats warn that controversial Gaza food organisation may be cover for intelligence operations

Letter by senior Democrats asks state department to reveal details behind financing of Gaza Humanitarian FoundationSenior Democratic senators have called on secretary of state, Marco Rubio, and US ambassador to Israel, Mike Huckabee, to reveal details behind the financing and oversight of the Gaza Humanitarian Foundation as concerns grow that the organization is acting as a front for intelligence and political operations.The letter, co-signed by Senators Elizabeth Warren, Chris Van Hollen and Peter Welch, accuses the state department of an “inability to answer basic questions about GHF in a timely manner” and said that the department’s “overriding of internal protocol and staff warnings is particularly concerning given it is unlikely to be able to conduct basic oversight of the funds it provided to GHF”. Continue reading...

Events

52 h. ago Jefferies hired a hedge fund executive in France and moved him to London

Jefferies hired a hedge fund executive in France and moved him to London  eFinancialCareers

Politics

54 h. ago Rising inequality is turning US into an autocratic state, billionaire warns

Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economyOne of the world’s most prominent hedge fund billionaires has warned that rising inequality is turning the US into an autocratic state and condemned business leaders for failing to speak out against Donald Trump’s policies.Ray Dalio, the founder of Bridgewater Associates, said “gaps in wealth” and a collapse in trust were driving “more extreme” policies in the US. Continue reading...

Events

5 d. ago Ukraine war briefing: US says strikes ‘cast doubt’ on Russia’s ‘desire for peace’ as Dnipropetrovsk attacked

US diplomat John Kelley tells UN security council Washington could impose sanctions on Moscow if war continues. What we know on day 1,283Ukraine’s central Dnipropetrovsk region came under a “massive attack” early on Saturday, the region’s governor said, reporting strikes in Dnipro and Pavlograd. “The region is under a massive attack. Explosions are being heard,” Sergiy Lysak wrote on Telegram, warning residents to take cover. He said overnight Russian strikes killed two people in Dnipropetrovsk, which had been largely spared from intense fighting since Russia’s 2022 invasion. Kyiv acknowledged on Tuesday that Russian troops had entered the region.The United States has warned Russia to move toward peace and meet with Ukraine or face possible sanctions at an emergency meeting of the UN security council called on Friday after missile strikes on Kyiv killed at least 23 people overnight on Thursday. US diplomat John Kelley told the meeting the strikes “cast doubt on the seriousness of Ru...

Events

7 d. ago Hedge funds’ insurance binge threatens catastrophe cover, warns Munich Re

Reinsurer says private capital’s push into tools such as ‘cat bonds’ risks increases volatility for the sector

Events

9 d. ago "I'm earning £500k at a London hedge fund & am concerned about my future"

"I'm earning £500k at a London hedge fund & am concerned about my future"  eFinancialCareers

Economics

2 w. ago The ‘capital of capital’: Abu Dhabi’s pitch to become a global financial centre

The emirate has wooed hedge funds and money managers. But will they put down roots?

Politics

2 w. ago Britain's most targeted shop: Robbed, set on fire, ripped off and forced to tackle thieves herself. The luxury boutique owner who refuses to shut after astonishing crime wave

Christine Colbert, 58, has suffered a series of 'catastrophic' setbacks which have threatened to destroy Dress Cheshire, the luxury boutique she set up in the celebrity enclave of Prestbury.

Events

2 w. ago Hedge fund tycoon buys Isle of Rona as last two inhabitants set to leave

Daniel Luhde-Thompson, along with his wife Cressida Pollock, former CEO of English National Opera, have taken over the Isle of Rona, near Skye, with its two remaining inhabitants set to leave.

Economics

2 w. ago BHP demands answers over hedge fund’s role in law firm behind £36bn claim

Mining company says backer of Brazil dam class action suit appears to be controlling the claimant law firm

Economics

3 w. 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

3 w. 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

3 w. 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

4 w. 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