Not bad for a year’s work: Hedge fund top five pocket more than $1bn each – Umesh Shanmugam
Five of the $2trillion (£1.3trn) hedge fund industry’s biggest names each took home more than $1bn last year, according to Forbes magazine’s latest Rich List for the industry. Hedge fund veterans such as David Tepper, Carl Icahn, James Simons, Steven Cohen and George Soros topped the list of big earners in 2012, a year when …