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  • $21 billion hedge fund BlueMountain Capital is axing its long-short equity fund after only 2 years and firing several portfolio managers

    BlueMountain Capital is ending its long-short equity strategy, a source close to the firm tells Business Insider, only two years after starting it. The firm is firing several portfolio managers on the equities team after recruiting talent from hedge funds like Leon Cooperman's Omega Advisors and Citadel alum Anand Parekh's Alyeska Investment Group over the last year. The firings are not related to the firm's decision to double down on its bet on troubled California utility company PG&E in...

    Business Insider
  • ‘He’s the Best, He’s the Best, He’s the Best’

    Writers and editors talk about Adam Moss, the editor of New York magazine, who announced on Tuesday that he is stepping down after leading the publication for 15 years.
  • The best laptops for everyday use

    Buying a new laptop is surely one of the more daunting tech purchases you can make.

    The Telegraph
  • The 6 Best Vanguard Index Funds for 2019 and Beyond

    Investing icon Warren Buffett advises investors to stash 90% of their money in a Standard & Poor's 500-stock index fund and keep the rest in short-term government bonds. That's a good start for investors who want to keep things simple, but it limits your investments to large U.S. companies. So today, we'll show you how the best Vanguard index funds can add more portfolio diversification while still keeping your strategy simple. Rather than help to pay the huge salaries of high-powered fund...