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.
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 past six years on the back of a series of major losses
Hedge fund manager Scott Bessent is Trump's pick for treasury secretary
Trump's Trials is now Trump's Terms. Each episode, host Scott Detrow curates NPR coverage of the incoming Trump administration.This episode: President-elect Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary.
Trump Treasury Pick Scott Bessent to Prioritize Tax Cuts, WSJ Reports
Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former U.S. President Donald Trump in Asheville, North Carolina, U.S. August 14, 2024. REUTERS/Jonathan Drake/File Photo/File Photo (Reuters) - President-elect Donald Trump's nominee for U.
Munis Join Treasury Rally After Bessent Chosen for Trump Cabinet
Municipal bonds jumped on Monday, following gains in the US Treasury market after Scott Bessent was named as President-elect Donald Trump’s nominee for Treasury secretary, with traders betting the hedge fund manager will bring a Wall Street mindset to the role.
Long-term Treasury bonds log biggest rally in nearly 4 months after Trump picks Bessent
Longer-term Treasury yields ended sharply lower Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget deficits.
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
Stock market today: Wall Street climbs after Trump picks Bessent for Treasury post
Treasury yields eased after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury Secretary. Bessent has advocated for reducing the U.S. government’s deficit.
‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury
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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 ...
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 seeking to succeed the ...
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, ...
Hedge fund managers are obsessed with these 23 stocks — and they've made a key strategic pivot to capitalize on Trump's win
Hedge fund managers have posted one of their strongest performances in 20 years. Here are 23 stocks that big-money investors ...
Diego Megia’s Hedge Fund Reopens to Raise Another $1 Billion
Diego Megia, a former senior money manager at Millennium Management, is in talks to top up the $5 billion he raised earlier ...
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 ...
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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 ...
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 ...
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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 ...
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 ...