Costas Mourselas

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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

Hedge Funds Deliver Strong Profits in 2023: TCI, Citadel Lead the Pack

Broke On: Tuesday, 23 January 2024 Hedge 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.