Saudi Arabia, the world’s biggest oil exporter, may allow foreigners to invest directly in stocks in the next year, said John Burbank, founder of $3.7 billion San Francisco-based hedge fund Passport Capital LLC.
The February 2013 issue of Bloomberg Markets magazine contains our annual rankings of the world's richest hedge funds. The following 100 comprise our list of best-performing hedge funds managing $1 billion or more. Our rankings are based on data compiled by Bloomberg specialist Anibal Arrascue and information supplied by hedge-fund research firms, hedge funds and investors. Assets and returns are for the 10 months ended on Oct. 31, 2012. Click here for a PDF and here for the accompanying story.