For Hedge Funds, the year has only begun, but after being romped in 2011, January was not too bad. Among the best performing funds are some prominent value funds. Greenlight, Third Point, Maverick and many others had a good January. No data from John Paulson yet, but we finally have some more in depth numbers for 2011 and they are not so pretty. Paulson Recovery -28%, Paulson Advantage Plus -53% and Paulson Advantage -35%.
Below are the top performing funds and the worst performing funds.
At this year's SALT New York conference, Jean Hynes, the CEO of Wellington Management, took to the stage to discuss the role of active management in today's investment environment. Hynes succeeded Brendan Swords as the CEO of Wellington at the end of June after nearly 30 years at the firm. Wellington is one of the Read More
Full document in scibd below (H/T http://www.zerohedge.com/)