{"id":10179,"date":"2009-03-25T00:00:00","date_gmt":"2009-03-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"top-hedge-fund-managers-do-well-in-a-down-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/top-hedge-fund-managers-do-well-in-a-down-year.html","title":{"rendered":"Top Hedge Fund Managers Do Well in a Down Year"},"content":{"rendered":"<div class=\"article_text\">\n<p>The Ledger &#8211; The financial crisis may have turned much of Wall Street&rsquo;s wealth into dross, but a select group of hedge fund managers has managed to maintain a golden touch that might make King Midas blush.<\/p>\n<\/div>\n<p><!-- <br \/>AC = <br \/> --><!-- GRAY BOX ARTICLE CONTENT--><!-- \/GRAY BOX ARTICLE CONTENT--><\/p>\n<div class=\"article_text\">\n<p>As major markets and economies careened downward last year, 25 top managers reaped a total of $11.6 billion in pay by trading above the pain in the markets, according to an annual ranking of top hedge fund earners by Institutional Investor&rsquo;s Alpha magazine, which comes out Wednesday.<\/p>\n<p>James H. Simons, a former math professor who has made billions year after year for the hedge fund Renaissance Technologies, earned $2.5 billion running computer-driven trading strategies. John A. Paulson, who rode to riches by betting against the housing market, came in second with reported gains of $2 billion. And George Soros, also a perennial name on the rich list of secretive moneymakers, pulled in $1.1 billion.<\/p>\n<p><a href=\"..\/news\/news_land.php?i=http:\/\/www.theledger.com\/article\/20090325\/ZNYT01\/903253004\/1021\/LIFE?Title=Top-Hedge-Fund-Managers-Do-Well-in-a-Down-Year\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ledger &#8211; The financial crisis may have turned much of Wall Street&rsquo;s wealth into dross, but a select group of hedge fund managers has managed to maintain a golden touch that might make King Midas blush. As major markets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5603,9559,9557,4726,5047,2222,197,4747,9553,9554,9556,6583,2587,9555,9558,1520,1394,7101,8225],"class_list":["post-10179","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-billions","tag-blush","tag-dross","tag-financial-crisis","tag-george-soros","tag-hedge-fund-managers","tag-housing-market","tag-institutional-investor","tag-king-midas","tag-math-professor","tag-moneymakers","tag-paulson","tag-renaissance-technologies","tag-rich-list","tag-select-group","tag-top-hedge-fund-earners","tag-top-managers","tag-trading-strategies","tag-wednesday-james"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10179"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10179\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}