59 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

67 h. ago US judge orders Trump administration to restore part of UCLA’s frozen funding

District judge said the grant funding suspensions violated an earlier June preliminary injunctionA US judge on Tuesday ordered Donald Trump’s administration to restore a part of the federal grant funding that it recently suspended for the University of California, Los Angeles.US district judge Rita Lin in San Francisco ruled that the grant funding suspensions violated an earlier June preliminary injunction where she ordered the National Science Foundation to restore dozens of grants that it had terminated at the University of California. Continue reading...

Politics

3 d. 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

7 d. ago Trump administration demands $1bn from UCLA to restore federal funding

University of California president says ‘a payment of this scale would completely devastate’ public university systemThe Trump administration is seeking a $1bn settlement from the University of California, Los Angeles, a White House official said on Friday.The person was not authorized to speak publicly about the request and spoke on condition of anonymity. Continue reading...

Politics

7 d. ago Trump administration seeks $1 billion settlement from UCLA, a White House official says

A White House official says the Trump administration is seeking a $1 billion settlement from the University of California, Los Angeles

Politics

8 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

9 d. ago UCLA says Trump administration has frozen $584 million in grants, threatening research

The Trump administration has suspended $584 million in federal grants for the University of California, Los Angeles

Politics

1 week 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

last month 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