Flagship Pioneering A $ 1.75 billion venture capital firm just hired the former vice chairman of investment banking at JPMorgan. Stephen Berenson had worked at JPMorgan for more than 30 years and now joins the firm as an executive partner. Flagship Pioneering, which until December 2016 was known as Flagship Ventures, is a Cambridge, Massachusetts-based […]

Billionaire Paul Singer, founder of hedge fund Elliott Management, is a polarizing figure. As an activist investor — who tries to shake up boardrooms or challenge corporate leadership — he is admired by many investors but demonized by those he targets for his contentious fights. A 15-year battle with the government of Argentina earned him the label of […]

Acorns Acorns cofounders Jeff and Walter Cruttenden. Popular micro-investing app Acorns just made a big hire. The firm announced that Christopher Jones, BlackRock’s former cohead of global active equities, will join the company as Chair of the Investment Committee. Jones will advise on long-term strategy and oversee ETF’s, portfolio construction, and risk management. “He is not only a best-in-class investor […]

Picture this: you’re trying to buy a used car, and you’re having difficulty. There are many, many more cars out there now than there were a few years ago. The old go-to used-car dealers have smaller lots and less inventory, and they have been replaced by online dealerships. But it’s a hassle to compare all […]

pressandjournal Martin Gilbert is the cofounder and CEO of Aberdeen Asset Management, a $ 385 billion UK-based money manager.  The fund giant specializes in equities, fixed income, alternatives and property. It has announced a merger with UK peer Standard Life, in a deal that would create a group with a combined £581 billion ($ 750 billion) in […]

Warren Buffett’s Berkshire Hathaway will host its annual meeting on Saturday. The event draws huge interest in the financial world and is sometimes called “Woodstock for Capitalists” or “Buffettpalooza.” Business Insider will cover it, and you can check back on Saturday for a blow-by-blow of the day. Buffett and Vice Chairman Charlie Munger will answer […]

Please enable Javascript to watch this video One of the most successful investors of the last decades, Bridgewater’s Ray Dalio, made a notable statement in his extended interview with Henry Blodget: Dalio said investors going forward can expect returns “in the vicinity of 3% – 4%” in coming years.  “You can know that,” he said. In this piece, […]

LONDON — Valuations of financial technology companies are “frothy,” according to one of the cofounder of a new fintech-focused investment company. Andy Stewart, a managing partner at Motive Partners, said at the International Fintech conference in London last week: “I would call valuations right now frothy in general… tech generally is frothy.” A frothy market […]

Mike Nudelman/Business Insider Robert Herjavec. Serial entrepreneur and “Shark Tank” investor Robert Herjavec has seen his fair share of young people go down one of two paths: They drop out of school to pursue the venture of their dreams, or dig themselves hundreds of thousands of dollars into debt by attending a private university. Herjavec says […]