Hedge funds faced a mixed year in 2011 as markets took a sharp turn for the worse, but a number of multi-billlion dollar portfolios still shone, according to the latest annual release from Bloomberg Markets Magazine.
The figures show the world's largest hedge funds achieved returns ranging from 45% to 16.9% during 2011, with a variety of strategies delivering the alpha investors were seeking. The top performing fund, Tiger Global, is run by Charles Payson Coleman III. Having delivered 18% in 2010, Tiger Global delivered an impressive 45% in the first ten months of 2011. The $6bn hedge fund is top of the large hedge funds category, covering hedge funds with assets of over $1bn. The top ten Fund Manager Assets Return Tiger Global Cha...
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