Ritholtz on Hedge Fund Mediocrity

According to Bloomberg columnist Barry Ritholtz, hedge funds are selling public pension funds “an inflated estimate of expected returns,” adding that “it is a challenge to explain why so much…

Top-Ranking Hedge Funds

A recent article in Institutional Investor lists the top-earning hedge funds. The list is headed by Ray Dalio’s Bridgewater Associates, the world’s largest firm with $122 billion under management as…