But their returns still significantly trailed the S&P 500 Index.
Rarely has a money manager’s stature with the public seemed so at odds with their recent record as an investor.
Investors continue to turn their backs on hedge funds and other pricey investment alternatives.
Ken Fisher continues to endure fallout from his comments at the Tiburon CEO Summit on Tuesday.
Fidelity is crashing the free-trading party, and also offering higher yields for cash balances.
Growth stocks have dropped in seven of the past eight days, according to Bloomberg.
As global equity markets become more volatile, hedge funds are soaring on the backs of "haven" assets.
Equity funds were the best-performing broad strategy, gaining almost 9% in the first half.
Hedge funds are adding to equity leverage as opposed to avoiding the asset class due to its recent rally.
“He’s been running for president for 32 years,” the DoubleLine Capital CEO said.
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