Funds Hub

Money managers under the microscope

Who dares wins

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Everyone is interested in reading about someone making billions of dollars in profit, and the Wall Street Journal’s story about the Appaloosa fund making $7 bln of profit so far this year is certainly eye-catching.

REUTERS/Shannon Stapleton

Rather like London’s Crispin Odey, who earned a handy 30 mln stg this year, the fund, run by David Tepper, made its money buying bargain basement bank shares.

Morning Line-Up

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RTXCG5SEnlightening stories on the hedge fund industry from Reuters and elsewhere

Fund boss made $7 billion in the panic-  WSJ

Hedge big hitter goes for liquidity launch - FT

Dublin welcomes hedge funds – FT

Hedge fund flows back to pre-crisis levels – Reuters

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