Costas Mourselas
Useful links Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and 'Financial Times' are trademarks of The Financial Times Ltd. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
62%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
80%
Examples:
- Citadel made $8.1bn in profits last year after bringing in a record-breaking $16bn in 2022.
- TCI made $12.9bn for investors and ended last year up 33% ahead of the S&P 500 index's rise.
Conflicts of Interest
50%
Examples:
- Useful links Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and 'Financial Times' are trademarks of The Financial Times Ltd. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Contradictions
100%
Examples:
- The title implies that hedge funds made their biggest profits on record due to a surge in share prices. However, this is not entirely accurate as it does not take into account other factors such as fees and expenses that affect profitability.
Deceptions
50%
Examples:
- Useful links Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and 'Financial Times' are trademarks of The Financial Times Ltd. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Recent Articles
Hedge Funds Deliver Strong Profits in 2023: TCI, Citadel Lead the Pack
Broke On: Tuesday, 23 January 2024Hedge funds delivered strong profits in 2023, with TCI and Citadel leading the way. The industry produced combined gains worth $218 billion after fees, according to estimates by LCH Investments. Billionaire money managers Chris Hohn and Ken Griffin led the charge for hedge fund success.