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In the week ending February 15th 2019, Bloomberg's inaugural ranking of hedge fund manager income shows that the top 10 managers reaped approximately $7.7bn last year. The company said it used SEC filings, company websites and news reporting to determine assets under management (for the start of 2018) and then applied a standard 2 percent management and 20 percent performance fee unless another fee has been disclosed by the manager.

Meanwhile, hedge fund manager William Ackman told investors that his publicly traded portfolio has gained 24.7% this year, fueled by strong growth in Fannie Mae, Freddie Mac and Chipotle Mexican Grill stocks. The Stockholm-based hedge fund manager, Resscapital AB delivered a return of 9.9% in 2018, beating the average loss of 3.5% for the Nordic Hedge Index

Further in performance news, new data from eVestment show that hedge funds managed to reverse a five-month-long losing streak in January - and posted their best single-month return in nearly ten years; Global hedge funds started off strong in January 2019 with big winners like Equity funds, EM Funds, said eVestment's January 2019 hedge fund performance data and most hedge funds started 2019 on positive note with returns of 2.22% as the Eurekahedge Hedge Fund Index rallied 2.22% in January, supported by the global equity market rally which resulted from the Fed's dovish stance and optimism over potential progress in the US-China trade talks.

In the mean time, hedge fund redemptions reached $42.3bn in December 20......................

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