Published 01/22/2024 10:58:00 a.m.

Top hedge funds make record $67bn in profits for 2023

The world's top 20 hedge funds generated $67 billion in returns for investors in 2023, tripling their previous year's earnings, with TCI Fund Management leading the pack by achieving $12.9 billion in returns after fees.
Despite representing only 4.6% of the industry's assets, the top 20 hedge funds accounted for an impressive 38.3% of the industry's returns over the past three years.
Bridgewater Associates and Caxton were the only two firms in the top 20 that experienced losses, while TCI Fund Management emerged as the leader.

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Reuters

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01/22/2024 10:58:00 a.m.·United Kingdom

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WION

Global hedge funds reap record profits in 2023, outpacing a turbulent market

The world's top hedge funds delivered a resounding comeback in 2023, generating $67 billion for investors – three times their haul in 2022. This windfall marks a sharp turnaround from the market turbulence of the previous year. According to data released by LCH Investments and cited by Reuters, activist TCI Fund Management emerged as the leader, setting an impressive pace for the industry.

01/22/2024 9:46:36 a.m.·Noida, India

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Bloomberg

Hedge Funds Rake In Record Profits Betting On ‘Catastrophe’ Risk

For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year.

01/21/2024 5:01:56 a.m.·United States

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Inquirer

Top global hedge funds tripled gains for clients in 2023 —LCH

NEW YORK/LONDON —The world’s 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple what they returned in 2022, with activist TCI Fund Management leading the pack, according to data published by LCH Investments on Monday. Bridgewater Associates, founded by billionaire Ray Dalio, and Caxton, were the only two firms among the

01/22/2024 2:28:18 a.m.·Manila, Philippines

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The Guardian

Top hedge funds make record $67bn in profits for 2023

Profits boom at top 20 funds including TCI, Citadel, Viking and Pershing Square thanks to rebound in stock markets

01/22/2024 9:05:38 a.m.·London, United Kingdom

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Clayton County Register

New Report Reveals Record-Breaking Profits for Top Hedge Funds in 2023

A recent report by LCH Investments has highlighted the remarkable success of the world’s top 20 hedge funds in 2023. According to the data, these funds generated a staggering $67 billion for investors, tripling the amount returned in the previous year. Leading the pack was TCI Fund Management, headed by billionaire Christopher Hohn, which achieved an impressive $12.9 billion in returns after fees. Citadel, Millennium Management, and D. E. Shaw, …

01/22/2024 1:31:16 a.m.·Elkader, United States

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