Funds Hub

Money managers under the microscope

Who dares wins

Photo

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.

  •