Boston hedge funds Baupost and Adage in top 10 largest... [more]From Bostonglobe.com: Two Boston hedge fund firms were again among the 10 largest in the country, according to a national ranking. Adage Capital Management and Seth Klarman’s Baupost Group were ranked No. 6 and No. 7, respectively, by “Absolute Return,” an online trade publication. Each was listed a
Deep-pocketed institutional funds scaling back emerging markets... [more]From Reuters.com: Big pension, insurance and sovereign funds may be scaling back investments in emerging markets amid disappointing returns and a darkening outlook for the sector. These deep-pocketed funds -- global pension assets alone are worth over $35 trillion -- are relatively recent entrants t
People - Brynjolfsson joins James Alpha Advisors to run $16 million fund... [more]From Bloomberg.com: John Brynjolfsson, after creating an $80 billion asset management business at Pimco and a $1 billion hedge fund on his own, will downsize to a $16 million mutual fund during the next stage of his career.
Brynjolfsson, who is closing his Armored Wolf hedge fund he started af