The top 20 hedge funds made their investors $16.1 billion last year

(Yahoo) London-based fund-of-funds LCH Investments published its annual list of the top 20 “great money managers” for 2016.
The list, produced using the fund of funds’ estimates and data from eVestment, measures net gains, after fees, of hedge fund managers over the course of their careers. It also includes the net gains for 2016.

Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, held the No. 1 spot after his hedge fund made investors $4.9 billion last year.

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