13 pick in the 2025 draft from the Sparks to complete the trade, according to ESPN. Loyd and Plum were teammates on the U.S. women's basketball team that won the gold medal at the 2024 Paris Olympics.

Fixes the total estimate of fees charged by hedge funds since inception. The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is ...

In this article, we discuss the 12 safest stocks to buy according to hedge funds. Hedge funds, known for their sophisticated investment strategies and ability to generate returns across market ...

Three years ago, Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market. It was a surprising ...

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was ...

His career began in finance In 2015, Liang and two of his classmates from Zhejiang University created a quantitative hedge fund, High-Flyer, whose website says it "relies on mathematics and AI for ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

Jewell Loyd was acquired by the Aces and Kelsey Plum by the Sparks in a three-team trade, kicking off free agency. Nam Y. Huh/AP Share A three-team trade between the Sparks, Aces and Storm will be ...

Hedge funds are now managing a record $4.5 trillion (£3.6 trillion) after a surge of money flowed into the sector following Donald Trump’s US election victory. Investors piled an extra $54bn ...

That meant that someone would be on the outside looking in, and now we know it’s veteran guard Kelsey Plum. But Plum’s move wasn’t the only splash. WNBA champion Jewell Loyd, who requested a ...

When the Los Angeles Sparks agreed to a Kelsey Plum blockbuster trade, they traded away their coveted No. 2 overall pick. In a loaded 2025 WNBA Draft class, it was strange to some. However ...

"This is the single most important economic issue of the day," Bessent, a hedge fund billionaire from South Carolina, told lawmakers. "If we do not renew an extension, then we will be facing an ...