'Cash is trash',warns hedge fund billionaire as printing presses roll

'Cash is trash',warns hedge fund billionaire as printing presses roll

Ray Dalio thinks there are better assets to hold than cash as central banks print money and keep interest rates low in response to the coronavirus pandemic.

  • byNathan Crooks

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'Like an ant'studying the universe:Dalio ponders coronavirus economy

'Like an ant'studying the universe:Dalio ponders coronavirus economy

Hedge fund billionaire Ray Dalio is turning to history in an attempt to make sense of what he says is a changing world order in face of rising debts,yawning wealth gaps and now the impacts of the pandemic.

  • byNathan Crooks
Top hedge fund Regal moves to soothe client nerves after February performance slump
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Managed funds

Top hedge fund Regal moves to soothe client nerves after February performance slump

Sydney-based Regal Funds Management has moved to reassure nervous clients after its high-performance hedge fund posted a shock 32 per cent decline in February.

  • byKylar Loussikian
Fyre Festival of funds management:How Blue Sky came crashing down

Fyre Festival of funds management:How Blue Sky came crashing down

In the fallout of Blue Sky's collapse its executives have sailed off into the sunset while shareholders have been left with nothing. So how did this all happen?

  • bySarah Danckert
They've just lost $4b,but short sellers keep betting against Tesla

They've just lost $4b,but short sellers keep betting against Tesla

Having soared past the $US500 mark this week,the electric car maker is once again the most shorted stock on Wall Street.

  • byElena Popina
The Midas touch:Hedge fund billionaire has another money-making machine

The Midas touch:Hedge fund billionaire has another money-making machine

Eight years ago,Citadel Securities was looking like a failed experiment. Now its booming,and Ken Griffin is vaulting up the world's richest people list.

  • byTom Maloney
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Short seller's ambush of WiseTech tactically dirty but effective
Opinion
Opinion

Short seller's ambush of WiseTech tactically dirty but effective

As WiseTech shareholders settled into their seats in a conference room at Sydney’s upmarket Hilton Hotel,short seller J Capital hit the send button on its third attack on the company.

  • byElizabeth Knight
'Dear Mr Unicorn':Musk mocks hedge fund for betting against Tesla

'Dear Mr Unicorn':Musk mocks hedge fund for betting against Tesla

Tesla CEO Elon Musk took to Twitter to taunt short-seller David Einhorn in an open letter after the hedge fund owner lost money on his short position in the carmaker.

  • byNeha Malara,Anthony Palazzo andDana Hull
Hedge fund billionaire sees'most conducive'mix ever fuelling stocks

Hedge fund billionaire sees'most conducive'mix ever fuelling stocks

Paul Tudor Jones said efforts to stimulate global economies by governments and central bankers are boosting markets in a way he's never seen before.

  • byKatia Porzecanski
Rising costs,loss of shows:Hedge fund's bet against Netflix pays off

Rising costs,loss of shows:Hedge fund's bet against Netflix pays off

Influential investor David Einhorn says Netflix,which is facing an onslaught of new competitors,has"yet to demonstrate a profitable business model".

  • byJoshua Fineman andLucas Shaw
Hedge fund manager Ashok Jacob pushes back at move to wind up Ellerston vehicle

Hedge fund manager Ashok Jacob pushes back at move to wind up Ellerston vehicle

Ellerston Capital executive chairman Ashok Jacob has hit back at an investor push to wind up his ASX-listed fund,suggesting it was an opportunistic move

  • byKylar Loussikian