Soros is founder of the Quantum Fund, long one of the world's largest hedge funds. In mid-2011, Soros said he would return money to his outside investors and turn Soros Fund Management into a family office to manage his personal fortune. It also handles the multibillion-dollar endowments of his philanthropic organizations and those of his relatives.
Economists are split over how long Japan’s government has to rein in the world’s biggest debt burden, a Bloomberg News survey shows, adding to a debate on whether the government should keep ratcheting up a sales tax.
Billionaire investor George Soros said Europe faces 25 years of Japanese-style stagnation unless politicians pursue further integration of the currency bloc and change policies that have discouraged banks from lending.
Bill Gross, musing on his legacy in an April investment outlook, contended that the real test of his greatness as an investor would be his ability to adapt to a new era of shrinking bond market returns.