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Hedge fund returns smash records even as K-shaped economy endures
Yahoo Finance· 2026-01-19 19:10
A British hedge fund made $18.9 billion for its investors in 2025, marking the largest annual dollar gain ever recorded by such a fund, even as concerns about widening inequality plague the U.S. economy. TCI Fund Management, which had $77 billion in its coffers as of last month, made a return of 27% last year, according to an annual survey conducted by finance firm Edmond de Rothschild Group. For context, the broad S&P 500 index returned 16.4%. While many investors have loaded up on superstar stocks that ...