Search results
Results from the WOW.Com Content Network
Soros Fund Management, LLC is a privately held American investment management firm. It is structured as a family office, but formerly as a hedge fund.The firm was founded in 1970 by George Soros [1] and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, [2] averaging a 20% annual rate of return over four decades. [3]
In 1987, the funds lost $800 million on Japanese stocks shortly before the October 19, 1987 stock market crash. [1] In 1992, on what became known as Black Wednesday, Soros' lead fund, Quantum Fund, became famous for profiting from the devaluation the pound when the currency left the Exchange Rate Mechanism.
Among holdings in which Soros Fund Management increased its stake was Freeport McMoRan Copper & Gold (NYS: FCX) .Freeporthas been hurt by low copper prices, higher costs of production, and global ...
Soros Fund Management has continued to post strong results since converting into a family office, including 24% gains in 2013 (though that actually trailed the S&P 500, which gained 30% that year ...
Profits from this fund provided the seed money for Soros Fund Management, his second hedge fund, in 1970. Double Eagle was renamed Quantum Fund and was the principal firm Soros advised. At its founding, Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of Soros's overall net worth. [18]
George Soros, a Hungarian-American businessman, founded Soros Fund Management in 1970. Soros Fund Management is a New York-based […] George Soros Stock Portfolio: Top 10 Large-Cap Stock Picks
George Soros is a Hungarian-American billionaire and businessman who launched Soros Fund Management in 1970. Soros Fund Management, which is now […] George Soros Stock Portfolio: Top 10 Stock Picks
TowerBrook Capital Partners, L.P. is an investment management firm [3] [4] headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 [5] and became known for acquiring majority stakes in companies such as Jimmy Choo. [6]