Wealth
LATEST NEWS FROM WEALTH
Wealth
Wealth
Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets
Billionaire investor Ken Griffin's Citadel has shed more than 80%, or $4 billion of bets, from the original portfolio of Leopold Aschenbrenner's Situational Awareness that it rec...
Wealth
Hedge funds upped short AI bets in July, Hazeltree says
Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw chipmaker sha...
Wealth
Asia multi-strategy hedge funds see big monthy drawdowns
Some large Asian multi-strategy funds suffered their biggest drawdown this year in July as a brutal selloff in AI stocks across Japan, South Korea and China eroded gains accumulat...
Wealth
Hedge fund Millennium looks to raise record $20 billion in new capital, source says
Hedge fund Millennium Management is in talks to raise about $20 billion in new capital, much more than what it had initially set out to, a source familiar with the matter told Re...
Wealth
Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says
Hedge fund bets that healthcare stocks will rise neared a five-year high last week, a Goldman Sachs note showed, as cash-rich speculators believe AI-driven breakthroughs and rich ...
Wealth
US investors rethink bonds' role as inflation reshapes portfolios
Some U.S. investors who once relied on bonds to cushion equity selloffs are making more room for commodities, infrastructure, private credit and other inflation-sensitive assets t...
Wealth
US pending home sales slump in June amid affordability challenges
Contracts to purchase previously owned U.S. homes fell more than expected in June as higher mortgages and house prices pushed prospective buyers to the sidelines.
Wealth
Trend funds propped up by gold and silver in June, Societe Generale says
Trend-following hedge funds edged only slightly into negative territory in June, as trades in gold and silver mostly offset losses in crude oil, coffee and the Australian dollar, ...
Wealth
Nearly one million people worldwide became millionaires in 2025, UBS report finds
Personal wealth in 2025 grew at its fastest pace in years, creating nearly one million new U.S. dollar millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Rep...
Wealth