Pensions & Investments – Money managers — most of them alternatives managers — are betting that Sen. Barack Obama, D-Ill., will be the next president of the United States. Or at least they are hedging their bets in case he prevails.
As the campaign heads toward the April 22 Pennsylvania primary, Mr. Obama enjoyed a comfortable lead in money manager largess during February, racking up donations of $170,370 from managers following the Feb. 5 Super Tuesday election contests, almost twice the $85,850 that Sen. Hillary Clinton, D-N.Y., received from managers over the same time period, according to data compiled from Federal Election Commission reports by the Center for Responsive Politics, a Washington election research group.
