Tag Archives: sac
Hedge Fund Portfolio Tracking: SAC Capital
Seekingalpha.com – Since inception, its funds have returned on average 40% annually, which explains how they can charge a 50% performance fee to investors, compared to the normal 20% that most hedge funds charge. They are very active traders and […]
The Hedge Fund Meltdown: Another Reason Wealth Needs Spreading
AlterNet – Jack Nash, a key pioneer of the global hedge fund industry, passed away this past summer. Much of the rest of the industry may soon join him six feet under. The industry, one insider told the Financial Times […]
Buffett Wannabe Tied to $2 Billion Ponzi Scheme
New York Post – Billionaire Tom Petters fancied himself the next Warren Buffett – that is until his empire starting crashing down like a house of cards. The feds accuse Petters, one of Minneapolis’ fastest rising business stars, of secretly […]
