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World's top 15 hedge fund managers made $23.2bn in total last year

The year 2020 will go down in the record books as one of the worst in global history. Nearly 2 million people died from coronavirus , tens of millions more lost their jobs and countless others faced unprecedented disruption to their daily lives. However, it was a very profitable year for the elite few financial executives betting on health of the global economy. The world’s top 15 hedge fund managers collectively made $23.2bn (£16.9bn) last. ....

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Bezos' Amazon captures the contradiction of big tech

Jeff Bezos' legacy captures perfectly the contradiction of the modern tech industry, writes Adam Maguire, as Amazon.com has brought innovation and convenience to the many in a way that ultimately benefits the few. ....

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Big Wall St. investors chased tech during GameStop retail frenzy - BofA

Deep-pocketed investors pumped a record US$4.2 billion into big technology stocks last week, BofA's flow data showed on Friday, taking advantage . ....

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Big Wall Street investors chased tech during GameStop retail frenzy: BofA

Deep-pocketed investors pumped a record $4.2 billion into big technology stocks last week, BofA's flow data showed on Friday, taking advantage of the slight pullback on Wall Street while retail traders were busy buying stocks such as GameStop. ....

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What did big Wall Street investors chase during GameStop retail frenzy?

What did big Wall Street investors chase during GameStop retail frenzy?
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Last Updated: Feb 05, 2021, 08:51 PM IST
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Synopsis
Big Tech has been one of the biggest winners of the pandemic, with revenues turbocharged by stay-at-home rules and increased interest from investors who are taking advantage of the cheap money available.
Agencies
A sudden jump in equity volatility last week also sent investors running for safety with bonds attracting $21.2 billion, the largest in four months. Those fears, however, receded this week with Wall Street s main indexes hitting record highs.
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Deep-pocketed investors pumped a record $4.2 billion into big technology stocks last week, BofA s flow data showed on Friday, taking advantage of the slight pullback on Wall Street while retail traders were busy buying stocks such as GameStop. ....

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