Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24% stake Read more
Tag: asset management
Disney names new board member in deal with activist investor Third Point
The Walt Disney Co. announced a new board member Friday afternoon as part of a settlement with activist investor Third Point LLC. Disney DIS, -3.20% disclosed that Carolyn Everson, who Read more
Opinion: ‘Macro’ forecasters are everywhere these days, but they tend to be wrong about investing most of the time
What was your reaction upon hearing from billionaire investor Stanley Druckenmiller that “we are in deep trouble”? You probably felt like running for the hills. Druckenmiller is widely reported to Read more
Goldman Sachs readies $300 million in M&A deals with fresh pool of private capital
Goldman Sachs Group Inc. said Tuesday it raised $9.7 billion in commitments for its private-equity fund West Street Capital Partners VIII LP, its largest buyout fund since 2007. Managed by Read more
Why 2-year Treasury yields are ‘the base problem’ for the struggling stock market, according to this Morgan Stanley portfolio manager
It’s going to be tough for the U.S. stock market to make much headway bouncing back from the bear market with two-year Treasury yields at or above 4%, according to Read more
Goldman Sachs turns bearish on stocks, while BlackRock says ‘shun most equities’
It’s been raining caution on Wall Street, with Goldman Sachs and BlackRock the latest big names to turn cool on equities. Days after cutting their year-end S&P 500 index target Read more
British hedge fund manager says it’s too early to get bullish on sterling after successful bet against U.K. currency and bonds
“I don’t think you can start getting bullish on sterling.” That was Crispin Odey, notable hedge fund manager of Odey Asset Management and well-known donor to the Conservative party, speaking Read more
Hedge funds made huge gains before the pound crash
Hedge funds in the City of London made huge profits by betting against the U.K. pound ahead of the country’s mini fiscal budget last week, according to a report by Read more
Companies should ‘leave politics to politicians’: Ramaswamy slams ESG investing
Vivek Ramaswamy, an author and the founder of Strive Asset Management, has become one of the most prominent critics of ESG investing. He regularly punches above his weight, taking on Read more
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market
Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% Read more