United States

Svea Herbst-Bayliss

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

May 18 2017

Humbled by Valeant, Ackman goes back to basics

LAS VEGAS Bill Ackman said on Thursday he is poised to go on a great investment run after a humiliating bet forced his hedge fund firm to return to basics.

May 18 2017

Washington dreams on hold, Scaramucci revels in Las Vegas glow

LAS VEGAS Anthony Scaramucci was soaking up plenty of love this week at his high-profile hedge fund conference even as his political ambitions remained in limbo.

May 18 2017

Time up on Trump trade, hedge funds look abroad

LAS VEGAS Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling.

May 17 2017

Ex-Fed Chairman Bernanke 'puzzled' by market indifference to political risk

LAS VEGAS Former Federal Reserve Chairman Ben Bernanke said on Wednesday that he is "puzzled" by how little markets have reacted to major political risks, and skeptical about the Trump administration's ability to fulfill its pledges to stoke faster growth.

May 15 2017

ValueAct's Ubben taps Morfit for CIO post in succession plan

BOSTON Activist hedge fund investor Jeffrey Ubben is handing over the reins of his $16 billion investment firm by promoting long-time business partner Mason Morfit to chief investment officer.

May 15 2017

Large hedge funds moved out of financial stocks in first quarter

NEW YORK Several big-name hedge fund investors trimmed their stakes in financial companies in the first quarter as hopes for immediate tax cuts and loosening of regulations after President Donald Trump’s victory in November began to fade.

May 12 2017

Hedge fund Passport nurses fresh losses as assets shrink

BOSTON Hedge fund Passport Capital, which once grabbed headlines with triple digit returns, has been hit with fresh losses and its assets continue to shrink, the firm's founder told investors in a letter seen by Reuters on Friday.

May 12 2017

Fidelity star stock pickers exit positions in Buffalo Wild Wings

BOSTON Two star stock pickers at Fidelity Investments exited their positions in Buffalo Wild Wings during the first quarter, as the restaurant chain faces pressure from an activist investor pushing to oust its chief executive.

May 10 2017

Ackman has a winner that is up 30 percent but will not name names

BOSTON Billionaire investor William Ackman is making money on one of his new investment ideas, but he declined on Wednesday to identify the portfolio company, which has gained 30 percent since he first bought it.

May 09 2017

Property, merger bets dominate picks at Sohn conference

NEW YORK Shares in a real estate developer, a cable company and the Canadian creator of the Teletubbies show all rose on Monday after being promoted at an event in New York where hedge fund managers present a diverse range of investment ideas.

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