Hedge fund veterans stage a comeback

Veterans of the defunct hedge funds Tiger Management and Long-Term Capital Management (LTCM) are returning to the industry to take advantage of the current mania for alternative investments.

At the same time, George Soros, who made $1bn (€1.14bn) by betting against sterling in 1992, is preparing to capitalise on the flood of money into the sector.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire