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Ex-NYC union head convicted of taking bribe for investing in hedge...

NEW YORK (Reuters) - The former head of New York City’s correction officers’ union was found guilty on Wednesday of accepting a bribe...

U.S. hedge funds bet on retail, tech in second-quarter as economy...

NEW YORK (Reuters) - Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite...

Ackman’s public hedge fund beats market with 12.7 percent gain: report

NEW YORK (Reuters) - William Ackman’s publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at...

Hedge funds fight back against tech in the war for talent

As Mario Roussanov, a recruiter for hedge funds, began making his annual visit to clients this year, the change was apparent. ...

Jana Partners hedge fund gains 2.4 percent in July, up 6.9...

BOSTON (Reuters) - Jana Partners, the event-driven investment firm run by Barry Rosenstein, told clients that its main fund made money in July...

Hedge fund Man Group shares bounce after assets rise in first...

LONDON (Reuters) - Shares in British hedge fund firm Man Group (EMG.L) rose more than 5 percent on Wednesday after it generated higher...

Hedge fund Man Group says assets up 4.2 percent in first...

LONDON (Reuters) - British hedge fund firm Man Group (EMG.L) on Wednesday said assets under management rose 4.2 percent in the first six...

Hedge funds lose nearly $6 billion as Facebook shares crater

Facebook was the most-loved holding of hedge funds before the stock's epic plunge on Thursday, resulting in a massive multi-billion dollar loss for...

Hedge funds hit by Qualcomm-NXP deal collapse

LONDON (Reuters) - Hedge funds betting Qualcomm (QCOM.O) would succeed in a $44 billion bid for NXP Semiconductors (NXPI.O) face steep losses after...

Leon Cooperman on why Alphabet is the ‘biggest position’ in his...

Leon Cooperman, chairman and CEO of Omega Advisors, loves Google-parent Alphabet as an investment. Alphabet “is my biggest position," Cooperman said Tuesday on CNBC's...
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