Monday, 26 January 2015
Last updated 9 hours ago
Feb 24 2011 | 9:52am ET
Soros Fund Management's flagship hedge fund had its worst year in eight in 2010, returning just a quarter of what the average hedge fund returned.
The $28 billion Quantum Endowment Fund rose just 2.63% last year, Institutional Investor reports. By contrast, industry averages show the average hedge fund rose about 10% on the year.
Last year's performance was Soros' worst since 2002, when it lost 1.72%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…