In a year when hedge fund strategies across the board were down 4.2%, the industry’s largest and longest running asset managers felt the heat in 2022, according to the annual Greatest Money Managers ranking compiled by the world's longest running hedge fund multi-manager, LCH Investments.
The 20 greatest money managers saw net gains of over $22 billion last year -- but eight of these firms accounted for over $30 billion in reported net losses in 2022. These were well-known hedge fund brands Lone Pine, TCI, Egerton, Viking, Och Ziff/Sculptor, Baupost, King Street . . .
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