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Page 4 - கேப் பிலொட்கின் மெல்வின் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chase Coleman III named world s top hedge fund manager

Chase Coleman III, 45, topped Bloomberg s annual list of the top-earning hedge fund managers He heads Tiger Global Management, which had invested in tech firms including Peloton and Zoom whose stocks soared amid the pandemic  Collectively, the 2020 earnings of the 15 hedge fund managers on the list is more than the GDP of Iceland or Zambia They logged big gains even as the global economy was battered by the virus and accompanying lockdowns No. 15 on 2020 s list, Gabe Plotkin, hasn t fared so well this year: He s lost more than $460 million personally in his bets against GameStop 

Steve Cohen s Point72 Raises $1 5 Billion After Melvin Capital Infusion

Steve Cohen’s Point72 Raises $1.5 Billion After Melvin Capital Infusion Bloomberg 2/3/2021 © Bloomberg Steve Cohen, chairman and chief executive officer of Point72 Asset Management. (Bloomberg) Steve Cohen’s Point72 Asset Management has opened to new cash and raised more than $1.5 billion in commitments in a matter of days, according to people familiar with the matter. Popular Searches The move comes after the hedge fund provided $750 million in emergency cash to Gabe Plotkin’s Melvin Capital, which was struggling with GameStop Corp. and other short bets gone sour. Citadel’s hedge funds, along with founder Ken Griffin and his firm’s partners, put $2 billion into Melvin. By the end of last month, Melvin sunk 53% after retail investors banded together online to push up the prices of GameStop and other popular targets of short-sellers.

Analysis: To the brink and back on GameStop: Wall Street vs Reddit

Message : Required fields Allianz Insurance is delighted to have been awarded the coveted Gracechurch Service Quality Marque for the fifth year in a row, for its claims service in 2020. Whilst the Gracechurch Mid Market Claims Report, based on its quarterly surveys of UK Claims brokers/specialists, showed service ratings collapse for some insurers, Allianz s scores improved across all of its major lines of business - Property, Motor and Casualty. Graham Gibson headshot Allianz Insurance said: I m very proud of the work of our team throughout the extraordinary circumstances of 2020. This award reflects the feedback we re seeing from brokers on a daily basis and recognises the quality of our people and the new technology we are introducing to improve the customer experience. We have further activity underway to help us to continue to improve our service through enhanced communication, consistency and technology.

To the brink and back on GameStop - Wall Street vs Reddit

Fueled by chatter on Reddit and other social media to take on Wall Street, investors used venues like online trading app Robinhood to bid up the brick-and-mortar retailer. GameStop surged 135%, on its way to gaining more than 1,500% in January without any change in its business outlook.

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