Breaking news
A descendant of the last Dutch governor of New York has been named the world’s top-earning hedge fund manager for 2020 after adding $3 billion to his fortune in just one year. Chase Coleman III, who is related to Peter Stuyvesant who governed New York in the 1600s, topped Bloomberg’s annual list of the top-earning hedge … Read more
Poleaxed! Moment tired scaffolder topples backwards through hedge as he struggles to keep hold of 21ft metal strut Craig Whitehead, 31, said he had worked 18 days in a row so he could earn cash He was carrying a 21ft scaffold pole which weighs 62lbs in Newport, Wales Mr Whitehead loses control of the long … Read more
A hedge fund manager who suffered massive losses as part of the GameStop feeding frenzy is in the midst of expanding his $44 million Miami Beach home, it has emerged. Gabe Plotkin, who founded Melvin Capital Management in 2014, has seen his company lose 53 per cent of its value in January – in large … Read more
A Wall Street titan connected to the remarkable Robinhood feeding frenzy abruptly quit Twitter on Friday night, as it emerged that some of the board members of the companies involved have cashed in on the surreal week. Steve Cohen, the financier and owner of the New York Mets, who is worth an estimated $14.6 billion, … Read more
The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more
Reddit bulls WILL be tamed: UK-based hedge fund chief fires warning shot to vigilante traders By Lucy White For The Daily Mail Published: 21:53 GMT, 29 January 2021 | Updated: 21:53 GMT, 29 January 2021 The chief economist of a major UK hedge fund has said it is ‘ludicrous’ to suggest small investors managed to … Read more
Leylandii owner wins battle to keep her 13ft-high hedge after saying row with former friend next door over the trees left her feeling ‘bullied’ Former friends Linda McKimmie and Tania Easton have fallen out over the hedge Council initially ordered it should be trimmed down to before successful appeal Lelyandii owner Linda said she felt bullied … Read more
Vulture hedge fund behind struggling bookshop chain Waterstones hands out £93m to its 107 London employees By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 January 2021 | Updated: 21:50 GMT, 18 January 2021 The aggressive hedge fund behind Waterstones has dished out £93million to its staff in London. Elliott Advisors shared the … Read more
British hedge fund tycoon hit with £1.5bn fraud charge by Danish authorities By Mark Shapland For The Daily Mail Published: 22:21 GMT, 7 January 2021 | Updated: 22:21 GMT, 7 January 2021 A British hedge fund tycoon has been charged with fraud by Danish authorities relating to one of the biggest financial heists ever seen. … Read more
A hedge fund tied to a British billionaire who was caught on camera last year bragging about his wealth has been fined $170 million for lying to investors. Hedge-fund manager 52-year-old Michael Platt who co-founded BlueCrest Capital Management and who is estimated to be worth $8 billion, boasted to a New York taxi driver last … Read more