George Soros picks up $5.5bn as Quantum Endowment fund soars @FT

Since they were set up, the top 20 hedge funds have made 43 per cent of all the money made by investors in more than 7,000 hedge funds.

Top ten hedge fund managers

Name	Fund	Aum ($bn)	Net gains since inception ($bn)
George Soros	Quantum Endowment Fund	28.6	39.6
Ray Dalio	Bridgewater Pure Alpha	79	39.2
John Paulson	Paulson & Co	20.3	25.4
Seth Klarman	Baupost	26.4	21.5
David Tepper	Appaloosa	19.3	21.2
Steve Mandel	Lone Pine	27.6	20.5
Tom Steyer (founder, formally handed over to a successor)	Farallon	20	17.4
Alan Howard	Brevan Howard Fund	28	17
Andreas Halvorsen	Viking	27.3	16.8
Louis Moore Bacon	Moore Capital	14.9	16.5
Source: LCH Investments

“They did far better than the hedge fund indexes,” said Mr Sopher,
who is also chief executive of Edmond de Rothschild Capital Holdings.
“These funds are still in the mode of being get-rich vehicles rather
than stay-rich vehicles. They carry on seizing whatever opportunities
there are but still exhibit really good risk control.”



Read the whole article online here: George Soros picks up $5.5bn as Quantum Endowment fund soars - FT.com






The Pangea Advisors Blog