The 40 richest hedge fund managers in the world
Forbes' magazine has just released its annual world's billionaires list.
Getty Images/ Kevork Djansezian
This year, we've counted 40 names in the hedge fund industry. A few of these titans have retired in recent years.Fund managers are paid through a compensation structure commonly known as the "2 and 20," which stands for a 2% management fee and a 20% performance fee charge. More specifically, "2 and 20? means a hedge fund manager would charge investors 2% of total assets under management and 20% of any profits.Advertisement
Overall, 2014 was an incredibly underwhelming year in the hedge fund world. According to research firm Preqin, hedge funds, on average, returned just a mere 3.78%, the lowest annual return since the 1.85% loss in 2011. Still, there were a few fund that delivered impressive returns such as Bill Ackman's Pershing Square.
We've included a round up of the richest fund managers in the world.
Richard Chilton, Jr.
O. Francis BiondiAdvertisement
Chase Coleman IIIAdvertisement
Stephen Mandel, Jr.Advertisement
Julian Robertson, Jr.Advertisement
Paul Tudor Jones IIAdvertisement
- Best budget Smart TV in India
- Best camera tripods for photography enthusiasts and learners
- Jupiter's mushball ammonia rain could explain the mystery behind shallow lightning storms in its atmosphere
- Global changes in land use is increasing the possibility of COVID-19 like outbreak, says a study
- SEBI Chairman Ajay Tyagi's term extended for a second time till February 2020