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2016 hedge fund winners and losers emerge

Hedge Fund

This was the year to ridicule hedge funds. Pension funds, politicians, Warren Buffett, even hedge fund managers themselves - they all had something to say about the disappointing performance, high fees and market saturation.

Leon Cooperman asks for insider trading case to be dismissed

Gavel

Leon Cooperman, the hedge-fund legend accused by the U.S. Securities and Exchange Commission of insider trading, asked for its lawsuit to be dismissed, saying the regulator had revised its allegations after his lawyers had argued that he wasn’t bound by a duty not to trade on an insider’s information about a deal.

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Hedge Fund

2016 hedge fund winners and losers emerge

This was the year to ridicule hedge funds. Pension funds, politicians, Warren Buffett, even hedge fund managers themselves - they all had something to say about the disappointing performance, high fees and market saturation.