JPMorgan's success with Highbridge
JPMorgan, with its purchase of the remaining portion of Highbridge, seems to be wagering that the worst is over for hedge funds. You can see why the company might think that. At Highbridge anyway assets are back up to $21 billion, still a ways away from its $30 billion peak. The firm's main fund is up 17 percent this year. So does that mean JPMorgan is the new king of hedge funds? Article
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