Hedge fund giant Louis Bacon is set to return $2B, about 15% of AUM, back to investors following...

|By:, SA News Editor

Hedge fund giant Louis Bacon is set to return $2B, about 15% of AUM, back to investors following more than a year of poor returns. With tightly correlated markets swinging together based on what some politician or central banker utters, what's a global macro player to do? "The political involvement is so extreme - we have not seen this (in) the post-war era."