Trump’s Treasury pick and former Soros money manager Scott Bessent’s hedge fund reaped windfall during 2022 downturn
President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago — even as global markets sagged.
Trump picks billionaire hedge fund manager Scott Bessent as Treasury secretary
President-elect Donald Trump continues to announce key appointments to his Cabinet, including billionaire hedge fund manager Scott Bessent as his pick for Secretary of the Treasury.
Trump picked Scott Bessent for Treasury despite ties to Democratic megadonor George Soros
In 1992, Bessent helped Soros pull off the firm’s greatest trade: shorting the British pound. The British government was part of the European Union at the time and its central b
Who Is Scott Bessent? Wall Street Is Delighted by Trump’s Treasury Pick
When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a massive sigh of relief from the markets, with the yield on the 10-year Treasury falling sharply (a sign that investors think Bessent will help keep inflation cool) and the stock market getting a little bump.
‘A safe pair of hands’: Why markets are loving Trump treasury secretary pick Scott Bessent
In a sea of controversial choices for the incoming administration, the president-elect’s choice for treasury head is being welcomed on Wall Street with open arms. In a sea of controversial choices for his second term,
‘Let the banks be banks’—Trump’s pick for Treasury has $23 trillion sector champing at the bit
B ankers can’t wait for Donald Trump’s nominee for Treasury Secretary, Scott Bessent, to take control. If he is confirmed, Bessent will oversee a variety of agencies—includi
Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
Who Is Trump's Treasury Pick Scott Bessent And Why Does Wall Street Like Him?
President-elect Donald Trump has referred to his Treasury pick, billionaire hedge fund manager Scott Bessent, as "one of the most brilliant men on Wall Street."
Bloomberg L.P.1d
Hedge Fund RTW Probed by SEC Over Role in Masimo Proxy Fight
RTW Investments, a $6.5 billion hedge fund specializing in the life sciences, is being investigated by the Securities and ...
Millennium Backs Two Hedge Fund Teams With About $1.8 Billion
Millennium Management is backing two new investment teams with about $1.8 billion as the multistrategy hedge fund giant ...
Employees give hedge fund diversity and inclusion lowest score in four years, says Reboot
Employee perceptions of how hedge funds handle diversity and inclusion have fallen to their lowest level since before 2021, ...
Scott Bessent’s hedge fund has seen up-and-down returns
Key Square Group, the hedge fund started by Scott Bessent in 2015, has seen its assets under management drop sharply over the ...
Ex-Hedge Fund Manager Whitney Tilson Will Run for NYC Mayor
Former hedge fund manager Whitney Tilson plans to run for New York City mayor, joining a crowded field of Democrats seeking ...
Former Hedge Fund Manager Tilson Enters Race for New York City Mayor
NEW YORK (Reuters) - Investor Whitney Tilson, who often pushed corporations to perform better for shareholders and employees ...
Billionaire Hedge-Fund Manager Paul Tudor Jones Is Buying Bitcoin Hand Over Fist (but Not for the Reason You Think)
He's not actually going into the spot cryptocurrency market and buying Bitcoin. Instead, he's buying the iShares Bitcoin ...
Traders Magazine1d
Hedge Fund Industry Poised to Gain Significant Influence in the Trump Administration
Taken together, these developments point to a hedge fund industry that is poised to wield unprecedented influence during Trump’s tenure. Whether through key appointments, campaign contributions, or ...
Yahoo5d
Trump taps hedge fund manager Scott Bessent to lead Treasury
President-elect Donald Trump will nominate Scott Bessent to be his Treasury secretary, offering the hedge fund manager ...
Pensions&Investments2d
Hedge fund Paloma Partners elevates Ravi Singh to CEO
Ravi M. Singh was named CEO of multistrategy hedge fund Paloma Partners Management. Singh was appointed CEO on Nov. 22, a ...
Labour’s hedge fund donors took low-tax option of £160mn loans
The directors of hedge fund Quadrature Capital, one of the Labour party’s largest donors, have taken £160mn in loans from the business in a move that could lead to a lower tax bill than if they ...