Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.

• 

  Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur

  The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund ...
  
  ABC News - 1d

• ASML stock recovers from DeepSeek turmoil after surge in orders

  ASML, the maker of advanced microchip-making equipment, on Wednesday reported better-than-expected earnings after foundries upgraded their machines as its bookings surged ahead of estimates.
  
  MarketWatch - 17h

• These hedge-fund legends beat their peers. But a simple model beat them.

  The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is far less expensive.
  
  MarketWatch - Jan. 21
• 

  Hedge fund managers pocket nearly half of investment gains as fees

  Industry has taken $1.8tn in charges since the 1960s, according to LCH research
  
  Financial Times - Jan. 20
• 

  UK watchdog scrutinises investment trusts’ battle with US hedge fund

  FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes
  
  Financial Times - Jan. 16
• 

  New York governor wants to limit hedge funds from buying up homes

  New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state
  
  ABC News - Jan. 9

• Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024

  The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.
  
  CNBC - Jan. 2
• 

  Hedge funds Citadel and Millennium gain 15% in 2024

  Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industry
  
  Financial Times - Jan. 2

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