exit 99.72
CL Redux
- Thread starter schizo
- Start date
Long 99.61 , stop: .15
Soros to End Hedge Fund Career, Return Money
http://www.bloomberg.com/news/2011-...e-fund-leader-by-returning-investor-cash.html
The rule calls for hedge funds <b>with more than $150 million in assets to report information about their investors and employees, the assets they manage, potential conflicts of interest and their activities outside of fund advising</b>. Registered funds will also be subject to periodic inspections by the SEC.
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<b>Soros, who controls more than $24.5 billion for himself, his family and his foundations</b>, declined to comment on the letter. Last year, Stanley Druckenmiller, Sorosâs chief strategist from late 1988 until 2000, closed his money- management firm, Duquesne Capital Management LLC, and created his own family office.
<b>While Quantum has returned about 20 percent a year, on average, since 1969 </b>, when its predecessor was started, according to a person familiar with the firm
- <b>according to Sorosâs writings. In the last 30 years, heâs given away more than $8 billion to promote </b>democracy, foster free speech, improve education and fight poverty around the world, he said in a recent essay.
http://www.bloomberg.com/news/2011-...e-fund-leader-by-returning-investor-cash.html
The rule calls for hedge funds <b>with more than $150 million in assets to report information about their investors and employees, the assets they manage, potential conflicts of interest and their activities outside of fund advising</b>. Registered funds will also be subject to periodic inspections by the SEC.
-
<b>Soros, who controls more than $24.5 billion for himself, his family and his foundations</b>, declined to comment on the letter. Last year, Stanley Druckenmiller, Sorosâs chief strategist from late 1988 until 2000, closed his money- management firm, Duquesne Capital Management LLC, and created his own family office.
<b>While Quantum has returned about 20 percent a year, on average, since 1969 </b>, when its predecessor was started, according to a person familiar with the firm
- <b>according to Sorosâs writings. In the last 30 years, heâs given away more than $8 billion to promote </b>democracy, foster free speech, improve education and fight poverty around the world, he said in a recent essay.
The uncertainty about markets and Quantumâs 6 percent dive caused Anderson to sell positions in mid-June and the <b>firm is now holding about 75 percent cash </b>
out 100.02