Published on 29 Jan 2023 on Insider Monkey via Yahoo Finance

15 Most Famous Hedge Fund Managers and Their Top Stock Picks

In this article, we discuss 15 most famous hedge fund managers and their top stock picks. If you want to see more hedge fund managers, check out 5 Most Famous Hedge Fund Managers and Their Top Stock Picks. 

According to data provider Hedge Fund Research (HFR), hedge funds in 2022 reported their worst performance since 2018, mainly due to underperforming equities. As per the HFRI 500 Fund Weighted Composite Index, which tracks the performance of several major global hedge funds, hedge funds as a whole had a decline of 4.25% in the previous year. Despite a 10.37% loss, hedge funds outperformed the S&P 500, which had a decline of 19.4% in its worst year since 2008. 

Although hedge fund managers who invest in stocks and cryptocurrency faced difficulties, they still found opportunities to earn positive returns. According to HFR, macro hedge funds were among the best performers. The HFRI Macro Index, which tracks performance of macro funds, was up 9.31% due to positive returns from commodity-based, quantitative, and trend-following strategies. Patrick Ghali, managing partner of hedge fund advisory firm Sussex Partners, told Reuters on January 9: