Hedge Funds

Bill Ackman is facing some criticism for his activist campaign against Automatic Data Processing (NASDAQ: ADP) but true to his form, the billionaire isn't backing away from his thesis. Part of Ackman's thesis on ADP stems from the company's spin-off of a company called CDK Global Inc (...

The following originally appeared on Finbox.io Most investors are well aware of the investing prowess of Raymond Dalio. He's the billionaire investor, hedge fund manager, and philanthropist that founded the largest hedge fund on Wall Street (Bridgewater). However, investors may not be aware...

Billionaire investor and Procter & Gamble Co (NYSE: PG) shareholder Nelson Peltz made his activist campaign against the consumer products company public in a 93-page white paper report. The company almost immediately shut down the ideas presented by the activist investor, and on Monday, P&G...

Some of the most notable movers and shakers in all of finance on Tuesday will descend on the Pierre Hotel in New York City for CNBC’s 7th annual Delivering Alpha Conference. The event has become known for its high-profile attendees and for revealing financial titans' "top picks....

Billionaire activist investor Nelson Peltz thinks Procter & Gamble Co (NYSE: PG)'s current business strategy is flawed, and he has the answers. But the company's management team disagrees and thinks that Peltz's massive 92-page white paper brings no new or credible ideas to the table. But P...

This week, Pershing Square Capital’s Bill Ackman doubled down on his calls for change at Automatic Data Processing (NASDAQ: ADP), outlining a number of things he believes the company could do to unlock shareholder value. In a new slideshow presentation, Ackman clarified his calls for...

Hedge fund managers focused on structured credit strategies can be simplistically divided into two categories: beta managers or alpha generators. Many investors believe the beta opportunity born out of the financial crisis has substantially run its course. As such, they find risk adjusted returns...

Bloomberg Tuesday reported that hedge fund legend Steve Cohen has “unofficially” began positioning to sign up clients for a new fund. Citing people familiar with Cohen’s plans and family office performance, the report also suggests that the man known for his high-flying returns...

The Benzinga Fintech Summit is an event for those interested in finance, entrepreneurship, capital markets, deal-making, networking and accelerating their business. It's a chance to interact with and learn from founders, C-Suite institutional executives, leaders of the biggest and hottest...

The Benzinga Fintech Summit is an event for those interested in finance, entrepreneurship, capital markets, deal-making, networking and accelerating their business. It's a chance to interact with and learn from founders, C-Suite institutional executives, leaders of the biggest and hottest...

On Saturday night in Las Vegas, boxer Floyd "Money" Mayweather earned one of the largest paychecks in history. The victorious Mayweather’s total purse from the record-breaking fight will reportedly be in the $300 million range, far exceeding the $100 million purse Conor McGregor is...

Billionaire investor Bill Ackman's activist campaign against Automatic Data Processing (NASDAQ: ADP) is turning nasty, the company's CEO Carlos Rodriguez explained to CNBC's Jim Cramer. Rodriguez spoke with Ackman before he went public and vocal with his proxy contest and asked for a...

Automatic Data Processing (NASDAQ: ADP) is a wildcard for investors after activist hedge fund manager Bill Ackman made the company his latest target. Ackman’s Pershing Square Capital took an 8-percent ownership stake in ADP, and Ackman immediately nominated three directors to join the company...

Tenet Healthcare Corp (NYSE: THC) shares are trading higher by $2.68 (18.55 percent) at $17.13 in Monday's session. Investors are following the lead of Camber Capital Management, which reported in a 13-G filing that it has taken a 5.7-percent stake in the downtrodden acute-care firm. The stock is...

Automatic Data Processing (NASDAQ: ADP) management and investors weren’t particularly impressed by Bill Ackman’s presentation on how to improve its business on Thursday. However, BMO Capital Markets analyst Jeffrey Silber believes a handful of Ackman’s suggestions may at least be...