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In the week ending February 14th 2020, Bloomberg reported that the top 15 hedge fund managers collectively earned $12 billion in 2019, with the top five taking in more than $1 billion each: Chris Hohn, Jim Simons, Ken Griffin, Steve Cohen and Chase Coleman.

However, after a four-month winning run, the hedge fund industry had a downbeat start to the new year losing 0.18% in January, according to the Barclay Hedge Fund Index. By comparison, the S&P 500 Total Return Index was more or less break-even with a 0.04% loss in January. eVestment said hedge funds lost -0.22%, according to the just-released eVestment January 2020. Swedish energy-focused asset manager Proxy P Management AB has more than doubled its AUM in one year as a result of significant outperformance in its long/short renewable energy fund.

Further in performance news, Ken Griffin's $30 billion Citadel extended its lead over multistrategy rivals, as its flagship hedge funds jumped 3.4% last month; Light Street Capital's long-short fund Halogen fund gained 7.6 percent last month, recovering from a 5 percent loss in the final three months, and Jeffrey Smith's Starboard Value posted a 16 percent gain in 2019 - roughly half the gain of the Standard & Poor's 500 and far below the numbers posted by several other activist hedge funds, according to a person familiar with the results.

In new launches, the Canadian investment giant Brookfield Asset Management said it raised US$20 billion for a massive n......................

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