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George Soros reclaims top hedge fund title

The Age – George Soros’s Quantum Endowment fund has reclaimed the top spot as the world’s most successful hedge fund of all time, adding $US5.5 billion to the US billionaire investor’s fortune.

Mr Soros is best known for triggering the collapse of the British pound on Black Wednesday 1992, when Quantum made $US1 billion. Last year’s profits did not come from such an aggressive strategy, with the 22 per cent return spread across the different strategies of the fund.

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