When British hedge fund manager Christopher Hohn launched The Children’s Investment Fund Management in 2003 — pledging to donate 50 basis points of the management fee to a charitable fund — even he wasn’t so sure it was a good idea. “No one did that before,” recalls Ana Marshall, chief investment […]
Hedge
Hedge fund jobs can be some of the most lucrative in finance. Hedge funds are asset management firms, but with the freedom to follow more creative investment strategies. Hedge funds used to be scrappy outsiders but have become far more institutional. Large hedge funds are increasingly running their own graduate […]
Not playing the Trump card News that Donald Trump was bankrolling a new media venture through a SPAC deal sent shares in the blank-check fund soaring some 350 percent. Much of that probably came from individual fans of the former president plowing into the vehicle, Digital World Acquisition. But at […]