Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.
So-called systematic hedge funds — technology-driven funds that use machines to make investment decisions — had a very profitable Monday as the market suffered from the turmoil from the launch of the DeepSeek Chinese AI chatbot.
Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.
Chinese Quant Whiz Built DeepSeek In The Shadow Of a Hedge Fund Rout
Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market.Most Read from BloombergTexas HOA Charged With Discr
Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur
The 40-year-old founder of China’s DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund and then refined its quantitative models to branch into artificial intelligence.
Meet Liang Wenfeng, the hedge fund manager behind Chinese AI startup DeepSeek
Liang Wenfeng is the founder of DeepSeek, the Chinese AI startup potentially upending the industry. Here's everything to know about the hedge funder.
Meet the hedge fund manager who founded DeepSeek, the Chinese AI startup that began as a hobby and is now laying waste to US stocks
After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in its t
London still dominates as the biggest hedge funds' international outpost despite hot spots like Dubai entering the scene
Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing ...
HEDGE FLOW Half of investors want to spend more on hedge funds, says BofA survey
Half of the global investors surveyed by Bank of America's prime brokerage department plan to allocate more money to hedge ...
Senate slated to vote on South Carolina billionaire hedge fund executive to lead US Treasury
Trump's Treasury secretary pick, Scott Bessent, says extending the 2017 Tax Cuts and Jobs Act is the 'single most important ...
New York City is still the center of the hedge fund universe. Here are the numbers.
Many of the biggest multistrategy hedge funds are headquartered outside the Big Apple, but New York is where they have the ...
Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing ...
Hedge funds bet big on Trump’s second term
U.S. stock-trading hedge funds kicked off the week with gross leverage levels in their highest range since 2010.
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Hedge funds posted double-digit returns in 2024. Will investors allocate more?
PivotalPath’s composite index shows the hedge fund industry finishing 2024 up 10.7% for the year. The S&P 500 finished the ...
Hedge Fund Polar Asset Hires TD’s Cope to Lead Fixed Income
Polar Asset Management Partners, one of Canada’s largest hedge funds, is hiring Toronto-Dominion Bank’s head of global fixed ...
Book Review: Hunted by the FBI and Russian Oligarch, a hedge fund manager flees into the wilderness
When hedge fund manager Paul Brightman fell in love with a beautiful photographer named Tatanya, he had no idea that her ...