The Latest Breaking News on Hedge Funds

In a year marked by extreme volatility, all four funds of Ken Griffin’s Citadel have reportedly generated double-digit returns.

Ray Dalio announced Tuesday he’s ceding control of Bridgewater Associates, 47 years after he founded the hedge fund that’s become the world’s largest.

Crispin Odey among hedge fund managers cashing in on UK markets crisis

Labour’s Tulip Siddiq calls on City watchdog to determine whether hedge fund billionaires knowingly profited from Kwasi Kwarteng’s mini-budget

Calls come amid reports hedge fund bosses made ‘small fortunes’ by betting that Sterling would fall

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

Meme stocks gained massive popularity last year after their short-squeeze-driven rallies despite possessing weak fundamentals. After a pause for a few months, the meme craze has recently returned, with several struggling stocks soaring to unsustainable prices. However, amid uncertain market conditions, it could be wise to avoid fundamentally weak meme…

The New York mogul left his own hedge fund after a massive African bribery scandal. Now he’s fueding with the man he once groomed as his successor, Io Dodds reports

Peter Thiel, a GOP megadonor and technology billionaire, is a controversial figure within conservative circles. The early investor in Facebook and PayPal co-founder also was an instrumental donor to Trump-backed Senate candidates in Arizona and Ohio.