Ainslie's Maverick Cap Backfires in August

Summary


NEW YORK (Reuters) - took a bath last month when his flagship hedge fund racked up a double-digit loss, pushing it solidly into the red for the year, said two people familiar with the results.

A smaller more aggressive portfolio performed even worse, losing 23 percent in August, these people said.

See the full content of this document

Extract


Ainslie's Maverick Cap Backfires in August

Mr. Ainslie, who oversees about $10 billion, is one of the better- known tech investors in the $2 trillion hedge fund industry. H...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company