Detour Gold and Paulson trade barbs over hedge fund’s campaign

Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund’s campaign to seek change at the company and a…

Trade-war concerns cloud New York City investment conference

A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private…

Detour Gold asks OSC to investigate investor Paulson & Co

Detour Gold said on Wednesday it had asked the Ontario Securities Commission (OSC) to investigate activist investor Paulson and Co’s campaign seeking change at the company, calling it “concerning and…

Ex-Point72 portfolio manager to launch macro hedge fund Entheos: sources

Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of…

Oaktree’s Marks bullish on emerging market stocks, real estate debt

Emerging market equities and real-estate debt remain attractive at a time when most of the year’s gains in the S&P 500 have already been realized, billionaire investor Howard Marks said on Wednesday…

Morgan Stanley caps strong earnings season for big U.S. banks

Morgan Stanley’s better-than-expected results on Wednesday capped a strong second-quarter earnings season for large U.S. banks.

U.S. mutual fund investors ditch equities despite S&P 500 gains: ICI

U.S. mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday.

Citadel’s Griffin warns on dangers of prolonged trade war

Billionaire investor Kenneth Griffin on Wednesday praised President Donald Trump’s policies but warned that prolonged trade wars could harm consumers and companies alike.