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    Lindsay Fortado

    Former Hedge Funds Correspondent

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    • Wednesday, 4 March, 2020
      FT Wealth
      Waldorf Astoria bids to sell homes despite Manhattan market doldrums

      New owner Dajia hopes hotel’s cachet will translate into sales of renovated luxury apartments

    • Sunday, 26 January, 2020
      Sport
      Basketball legend Kobe Bryant dies in helicopter crash

      LA Lakers star and daughter among 9 killed when aircraft went down on Sunday

    • Friday, 24 January, 2020
      News in-depthValueAct Capital Partners LP
      Mason Morfit takes charge at ValueAct — 13 years after being tipped

      Activist fund chief’s constructive approach hits right chord

    • Wednesday, 22 January, 2020
      ValueAct Capital Partners LP
      Jeff Ubben gives up role as ValueAct chief

      Founder loosens ties and partners exit in new reshuffle at activist hedge fund

    • Wednesday, 15 January, 2020
      Investor activism
      Companies faced more activist investors than ever in 2019

      Asset managers and hedge funds increasingly oppose corporate decisions

    • Saturday, 11 January, 2020
      Hedge funds
      Hedge fund trader Chris Rokos pips former firm Brevan Howard

      Star of global macro trading chalked up a gain of 9.3% last year

    • Thursday, 9 January, 2020
      Hedge funds
      Argentine election shock wrongfoots hedge funds in 2019

      Wider rally in stocks and bonds helps many managers to gains

    • Friday, 3 January, 2020
      Property sector
      Manhattan property decline worsened as Wall Street boomed

      Average sale prices for co-ops and condos dropped 7.5% in the fourth quarter

    • Friday, 27 December, 2019
      Hedge funds
      Hedge funds record best year since 2013 but still trail market

      Industry delivers 8.5 per cent overall return compared with 29.1 per cent gain for S&P 500

    • Saturday, 7 December, 2019
      Hedge funds
      Hedge funds lag stocks and bonds again

      Industry on course for its best year since 2013, but investors remain sceptical

    • Friday, 6 December, 2019
      News in-depthWeek in Review
      Former US Ranger ready to take command at Bridgewater

      David McCormick’s rise through the ranks at hedge fund is striking

    • Wednesday, 4 December, 2019
      New York Mets
      Steven Cohen in talks to buy up to 80% of New York Mets

      Baseball club says current owner Fred Wilpon would remain CEO for five years

    • Tuesday, 26 November, 2019
      Xerox Corp
      Xerox turns to HP shareholders with $33bn takeover proposal

      Hostilities escalate as PC maker reports upbeat earnings and outlook

    • Friday, 18 October, 2019
      Hedge funds
      Trader Rokos restructures firm in bid to improve performance

      Former Brevan star to assume oversight of all trading after lacklustre returns

    • Tuesday, 15 October, 2019
      D. E. Shaw and Company
      DE Shaw calls for break-up of Emerson Electric

      Hedge fund pushes industrial group to cut spending by $1bn and improve governance

    • Monday, 14 October, 2019
      Argentina
      Hedge funds look for opportunities in beaten-up Argentine assets

      Firms seek to raise new money just weeks after being hit by brutal sell-off

    • Thursday, 10 October, 2019
      PG&E Corp
      PG&E hit after judge opens door to rival bankruptcy plan

      Shares drop 28% after ruling favours bondholders and wildfire victims

    • Monday, 7 October, 2019
      Credit Suisse Group AG
      Credit Suisse’s potential damages mount in RMBS cases

      Swiss bank is one of last to fight lawsuits over crisis-era mortgage-backed securities

    • Thursday, 3 October, 2019
      Hedge funds
      Former Goldman Sachs vice-chair joins Ken Griffin’s Citadel fund
    • Wednesday, 2 October, 2019
      Residential property
      Manhattan apartment price slump worsens

      Third quarter decline was worst in almost a decade, with luxury market hit hardest

    • Wednesday, 25 September, 2019
      Marathon Petroleum Corp
      Elliott takes stake in Marathon Petroleum and renews call for break-up

      Paul Singer’s activist fund campaigns to remedy ‘chronic underperformance’ at refiner

    • Tuesday, 24 September, 2019
      News in-depthThe Big Read
      DE Shaw: hedge fund caught up in a talent war

      The legal battle with a former star manager shows the risks of open conflicts with one-time money-spinners

    • Sunday, 22 September, 2019
      Elliott Management Corp
      Elliott prepares for downturn with new funding round

      Paul Singer’s activist fund is building up a war chest as it expects market disruption

    • Friday, 20 September, 2019
      Special ReportRevitalised Cities: Tampa and St Petersburg
      Tampa Bay cities prepare for rising sea levels and storm risk

      Response to climate change has become a central theme of local politics

    • Friday, 20 September, 2019
      Special ReportRevitalised Cities: Tampa and St Petersburg
      Tampa and St Petersburg business visitors’ guide

      Where to eat, drink, visit and sleep between meetings in the Tampa Bay area

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