Soros Up Just 2.6% In '10

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%.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of