Similar Stories to Top Hedge Fund Earners Take Home Billions on Bing News

NEW YORK (Reuters) - Four of the world's top hedge fund managers took home 10-figure paychecks last year even as the loosely regulated industry delivered its worst returns and hundreds of fund firms were forced out of business.

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BING NEWS:
  • In a rare stumble, Citadel loses money in May as peers gain. Here's how hedge funds performed last month.
    Billionaire Ken Griffin's flagship fund lost money in May while Schonfeld, Point72, Millennium, and more were up.
    06/4/2024 - 3:37 am | View Link
  • Hedge Funds Ditch Shares as Bullish Bets Hurt Performance, Says Morgan Stanley
    As one of the world's biggest prime brokerages, Morgan Stanley is able to track trends in equities flows and performances. Prime brokers provide services to hedge funds, such as leverage and trading.
    06/3/2024 - 5:50 am | View Link
  • Hedge funds should stop charging fees for ‘skill-less’ returns, top investors say
    Hedge funds are collecting ‘significant’ fees on returns that would be ‘easily obtainable’ for free in the current higher interest rate environment ...
    06/3/2024 - 2:39 am | View Link
  • Ex-Millennium Trader Megia Debuts Hedge Fund With $5 Billion
    Millennium Management’s former senior trader Diego Megia kicked off his new hedge fund with $5 billion and closed it to new money on the very first day, becoming one of the largest startups in recent ...
    06/2/2024 - 9:25 pm | View Link
  • Black-owned and Student-run Hedge Fund Supports Young African American Investors
    Angel Onuoha, CEO of BLK Capital Management, founded the not-profit hedge fund in 2017 as a Freshman at Harvard University. The 24-year old business moguls goal is to help guide African American ...
    05/31/2024 - 2:48 am | View Link
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