Reuters UK- Hedge fund managers Ken Griffin and Dan Loeb are backing Democratic presidential contender Barack Obama, while Thomas Steyer and Marc Lasry are betting on his rival, Hillary Clinton.
Prominent New York hedge fund managers Louis and Zack Bacon have put some of their money on Republican front-runner John McCain, the senator from Arizona.
As the battle for the White House heats up, the fast-growing $2 trillion (1 trillion pound) hedge fund industry is flexing its political muscle and could play a crucial role in the race for campaign cash in the costliest U.S. election ever.
So far, Democrats look to benefit most.
