Hedge fund D.E. Shaw’s flagship fund posts double-digit returns

(Reuters) – Hedge fund D.E. Shaw’s flagship Composite Fund returned 11.2 percent last year, according to a person familiar with the numbers. D.E. Shaw, which oversees roughly $50 billion, is one of a handful of firms to report double digit gains for 2018. Many hedge funds are reporting losses after the late-year stock market collapse caught them off guard.

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