The Hedge Funds: The Rich Get A Little Richer

But hedge-fund players still trail the S&P

Most rich people who invest their millions with the biggest hedge funds are lots happier than they were just a month ago. But they're still not as happy as working stiffs who stick their hard-earned retirement savings in a mutual fund tied to the Standard & Poor's 500-stock index.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.