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Hedge Funds Lose Most Last Month Since Lehman Aftershock
Tuesday, June 1, 2010 - 10:40am | 209According to an article in Business Week, hedge funds had their worst month since after Lehman Brother's bankruptcy in the fall of 2008. The Dow Jones Industrial Average posted its worst May performance since 1940. On average, hedge funds lost 2.7% through May 27, representing the worst monthly...
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A Look At Bruce Kovner's Portfolio (QCOM, VVUS, FCX, CCL)
Monday, May 3, 2010 - 6:50pm | 232Caxton Associates is a $7 billion hedge fund started by Bruce Kovner in 1983. Kovner follows a global macro investment strategy. As of 12/31/2009, Caxton's largest long positions were Qualcomm (NASDAQ: QCOM), Vivus, Inc. (NASDAQ: VVUS), Freeport-McMoran (NYSE: FCX), and Carnival Corporation (NYSE:...