But 2019 wasn't all bad for hedge fund managers.
Once-embattled stock-pickers like Bill Ackman and David Einhorn had bounce-back years, with Ackman posting record returns. Activists like Third Point, Elliott, and Starboard Value saw big campaigns go their way. And Steve Cohen's first full year of trading after his ban from regulators beat several rivals — and the billionaire is set to buy his favorite baseball team.
That said, there were funds that slipped and stumbled. Short-sellers were pressed again as the market surged. Ray Dalio stumbled for the first time in years, and PIMCO's flagship hedge fund offering lost money.
For Ray it's water off a duck's back.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SoftBank-backed Improbable loses CFO, chief people officer, chief creative officer in 2019 - Business InsiderImprobable is a software startup that says it allows customers — ranging from game developers to the US Army — to create vast virtual simulations. Must Bone Up on That.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bernie Sanders ends 2019 with a massive $34.5 million fundraising haul - Business InsiderThe Vermont senator on Wednesday said his campaign has received 5 million individual contributions. please stop giving this man money I love how the media ignores Bernie in this article it’s almost like he is the only candidate that gets no fair coverage 😂 Go get em' Bernie.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla delivered 367,500 cars in 2019 — beating its own guidance - Business InsiderElon Musk's electric car company increased vehicle deliveries by 50% over last year, it said Friday. Shares jumped following the news. Did not beat guidance High end of guidance was 400,000... how is 367,500 beating that? Please let us Know about TOGG car.
Source: BusinessInsider - 🏆 729. / 51 Read more »
6 cars that won a 'Car of the Year' award in 2019 - Business InsiderThe list includes Car of the Year awards from Business Insider, Motor Trend, and Women's World Car of the Year, to name a few. You’d think there would be only one winner
Source: BusinessInsider - 🏆 729. / 51 Read more »