Wall Streeters Reel in Riches From a Year of Unequal Rescues


As CEO Jon Caplis recently shared with Bloomberg, this past year has offered a much needed chance for hedge funds to prove themselves. And they did exactly that.

As Jon noted “almost every strategy has performed well, with some specialty stock funds among the top gainers. Technology, media, and telecom funds rose 29% on average through November and healthcare funds jumped 21%. Even discretionary global macros funds hit their stride after struggling for years.”


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