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
LONDON From Essex binmen to Liverpool councillors, government pension schemes in England and Wales are investing more in hedge funds whose bets, sometimes dictated by algorithms, have included exotic holdings such as Puerto Rican debt.
LONDON London-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said.
LONDON Glencore has increased production of the metals used to make electric car batteries faster than its major mining rivals, according to an industry-wide analysis that shows the scale of a strategy that has big prospective risks and rewards.
Former investment banker Manjit Wolstenholme, who took over the running of troubled British doorstep lender Provident Financial three months ago, has died suddenly at the age of 53.
LONDON Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level.
Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity.
NEW YORK/LONDON/CARACAS Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity.
LONDON London hedge fund giant Lansdowne Partners lost $100 million from a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise. For Lansdowne, that bet had generated returns in 2014 and 2015, when Glencore more than other major miners was dragged down by falling commodity prices and concerns about its level of debt. But so far this year, Glencore's shares have risen 29 percent, from 278 to 354 pence, making it the top-performing global miner.
LONDON Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday.
LONDON British hedge fund firm Man Group will add cryptocurrencies to its investment universe if the Chicago Mercantile Exchange launches a bitcoin futures contract as planned, CEO Luke Ellis told Reuters on Tuesday.