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High-Flyer, AI quant fund behind China's DeepSeek
Chinese Quant Whiz Built DeepSeek In The Shadow Of a Hedge Fund Rout
Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market.Most Read from BloombergTexas HOA Charged With Discr
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 that now manages a reported $8 billion in assets.
High-Flyer, the AI quant fund behind China's DeepSeek
Quantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI.
12h
‘Big Short’ Traders Reuniting for Hedge-Fund Week Are Going Long
It’s another sign, if one were needed, of the perilous state of the short-selling industry right now: At an event featuring ...
Institutional Investor
3h
Mega Hedge Fund Launches Are Rare — and Don’t Ensure Lasting Success
Many hedge funds endured difficult times in the years following the financial crisis, and a number of prominent names shut ...
1d
HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of ...
2d
on MSN
Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.
So-called systematic hedge funds — technology driven funds that use machines to make investment decisions — had a very ...
10h
on MSN
Most Popular Hedge Funds Don’t Want Your Money But Smaller Firms Might
Some of the world’s most sought-after hedge funds are handing back billions of dollars to clients — presenting opportunities for smaller peers to seize the flow and grow.The likes of D.E. Shaw & Co., ...
Pensions&Investments
1d
Point72’s Steven Cohen is looking beyond hedge funds, building ‘other types of funds’
Point72 recently launched a private credit business. Cohen, who is also chair and president of the firm, noted there are ...
3d
Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's ...
2d
on MSN
How Warren Buffett Won a $1 Million Bet Against the Hedge Fund Industry: What it Means For Investors
Fact checked by Stella Osoba In 2007, Warren Buffett made a bold statement about the investment management industry that ...
1d
on MSN
Scott Bessent, hedge fund billionaire, is Trump's treasury secretary
Scott Bessent will lead President Donald Trump 's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...
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DeepSeek
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