It's actually been a bad year for hedge funds
. Looking at this infographic though, the average person would never guess it.
The top 25 earning hedge fund
managers pulled in a combined 11 billion U.S. dollars in 2016. While this is a massive sum, it is, relatively speaking, disappointing. The lowest figure since 2005's $9.4 billion, 2016 was well below the imperious heights reached three years ago - a huge $21 billion.
Presumably though, Renaissance Technologies' James Simmons won't be losing much sleep, sitting atop of the pile having earned a cool $1.6 billion.