Hedge funds favoring Obama?

Despite some rhetoric about getting tough on the rich, candidates Hillary Clinton and Barack Obama have not sought to make an issue out of alternative investments and their tax treatments. But of all the candidates, Obama would seem to be the least likely for top hedge fund managers to support. The New York Times reports he favors the Stop Tax Haven Abuse Act, which would limit offshore accounts that top hedge funds rely on. Still, the big hedge fund kahunas are generally lining behind the senator from Illinois. George Soros leads the list. Hillary has her supporters, too. In the end though, this may be less about personal conviction and more about getting behind whoever wins.  

For more:
- here's the New York Times article

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