Hedge Fund Winton Earned 351 Million Pounds of Fees in 2011

BusinessWeek – Winton Capital Management LLC, the $28 billion hedge fund founded by David Harding, earned 351 million pounds ($564 million) of fees last year after its assets under management surged 65 percent.

The revenue compared with 282 million pounds of fees in 2010, London-based Winton said in a U.K. Companies House filing published yesterday. Winton’s after-tax profit rose 23 percent to 162 million pounds in 2011, the filing said.

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