Hedge Funds

Star names struggle as smaller hedge funds make hay

Several smaller funds have coped while big name funds struggle with market reversals

Odey: What I failed to understand was that central banks were determined that this [rising asset prices] would carry on.
Odey: What I failed to understand was that central banks were determined that this [rising asset prices] would carry on.

Some of the biggest stars in the hedge fund industry are badly lagging smaller, lesser known rivals this year.

Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad.

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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