Liza Tetley

Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector.

Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the U.S. subprime mortgage sector.

Lee Robinson, gestor de hedge funds que obtuvo una ganancia de 900% durante la crisis financiera global al convertir una posición de US$20 millones en US$200 millones mediante apuestas oportunas contra el mercado hipotecario subprime estadounidense, considera que está surgiendo una nueva oportunidad de inversión ante los crecientes riesgos del crédito privado.

Abhinav Ramnarayan, Tasos Vossos and Liza Tetley, Bloomberg News

Millennium Management is setting up an artificial intelligence laboratory to expand the development and application of cutting-edge technologies at the firm.

Millennium Management is preparing to raise billions of dollars in new cash to tap into investors’ demand for multistrategy hedge funds.

(Bloomberg) -- Equities and event-driven strategies led hedge-fund gains in the first half of the year, after a brutal first quarter gave way to a broad recovery in recent months.

The brutal March that battered some of the world’s biggest hedge funds is already fading into the background as the firms reported their strongest first-half results in five years.

(Bloomberg) -- The brutal March that battered some of the world's biggest hedge funds is already fading into the background as the firms reported their strongest first-half results in five years.

Asfandyar Nadeem’s hedge fund has received about $1 billion in new capital from an Abu Dhabi investor, amid a surge in appetite for macro strategies and as the Gulf city accelerates its drive to become a key backer of the industry.