Boaz Weinstein's Saba scored record profits on market plunge: letter

Boaz Weinstein's main Saba Capital Management LP hedge fund reported a 33% gain in March through Friday amid coronavirus-led market turmoil, bringing its year to date gain to 67%, according to a note sent to clients seen by Reuters.

Your Money: Furloughed college students struggle financially

George Curtis is facing a severe financial crisis.

Bridgewater hedge funds post mixed results amid market turmoil

Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to an investor with direct knowledge of the performance.

Ackman's Pershing Square gains nearly 3% in early 2020, warns of volatility

William Ackman's publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the economic hit from the coronavirus epidemic.

Sovereign wealth fund appetite for investing in start-ups wanes

Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork's planned share sale failed, data showed on Friday.

Investors dump equities, bonds as coronavirus spooks markets, BofA says

Investors pulled out of most asset classes, with stocks and bond funds seeing a combined $36 billion of outflows in the week to Wednesday, BofA said, amid fears of economic damage from the coronavirus epidemic.

How Lipper Award-winning fund managers are playing coronavirus scare

Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback.

Private investment funds in Colombia have $5 billion ready to invest

Private investment funds operating in Colombia have around $5 billion available to invest in projects in the Andean country, the investors' guild president said Thursday.

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