"Hedge fund": The phrase evokes images of pirates in designer suits … of backroom deals over cigars and single malt … of Gordon Gekko's iconic line from the 1987 movie Wall Street: "Greed is good." ...

The booming stock market of the past three years has produced a lot of big winners. Most hedge funds have lagged behind the AI-fueled stock market surge of the past three years, opting for lower-risk ...