Hedge funds are known for being high powered, high performing financial firms that employ the smartest people and command the top of top dollar for their services.
So it’s important to keep up with what they’re doing.
This morning, two snippets of information about hedge funds caught our eye. If you think about them at all, you should know these facts about their performance and who’s behind it.
1. 61% of all the money in hedge funds is managed by the 100 largest hedge funds, according to research firm Prequin. So if you’re tracking them you’re really tracking the industry.