This as-told-to essay is based on a conversation with Jennifer Mannix, a 56-year-old based in Tacoma, Washington. It’s been edited for length and clarity. In 2022, after 30 years working for the city of Juneau, Alaska, I was eligible for a full retirement, which included health benefits and a pension for the rest of my
Multistrategy hedge funds’ returns were muted in August, though managers likely appreciated a quieter month after a turbulent July. Izzy Englander’s Millennium Management was flat in August, a person close to the manager told Business Insider, putting the firm’s 2026 gains at 8.2%. Balyasny lost 0.7% last month, according to a source familiar with the
Former Sequoia investor Jeff Wang is close to launching one of the biggest hedge funds this year. Wang’s Augnition Global Investors is set to start trading in October with more than $2 billion in assets, two people close to the manager told Business Insider. The launch was the talk of Morgan Stanley’s popular Breakers conference
Harvard has agreed to pay $53 million (£39 million) to resolve lawsuits from families who alleged the university mishandled the bodies of loved ones donated to its medical school. The settlement, proposed in a Boston court on Monday, would end the suits filed against Harvard Medical School (HMS) after former morgue manager Cedric Lodge pleaded
JACKSONVILLE, Fla. — A man charged with arranging the fatal ambush of a Microsoft design manager is headed to trial Monday in Florida, more than four years after the victim was repeatedly shot outside his vehicle while his 2-year-old child was strapped in a car seat. Investigators say a tire was placed in the road
SpaceX stock has stumbled out of the gate since its IPO in June, but one veteran fund manager thinks there’s more trouble ahead for Elon Musk’s rocket company. George Noble, formerly the manager of Fidelity Overseas Fund, was bearish on the stock as it headed for its IPO, and his tune hasn’t changed since the