Which hedge funds have the best return, according to a ranking by the investment industry website HedgePundits

Which hedge funds have the best return, according to a ranking by the investment industry website HedgePundits

HedgePenguin.com ranks hedge funds based on return on assets (ROA), their performance over the past five years, their market cap, their total assets under management, and their return to capital.For every investment in a fund, HedgePeg is using its proprietary software to rate the hedge fund on the following three criteria: investment quality, return on…

Chase & Hermann invests $10 billion in U.S. oil futures exchange – AP

Chase & Hermann invests $10 billion in U.S. oil futures exchange – AP

BERKSHIRE — Billionaire Chase &amps; Hermanns investment firm announced Wednesday that it has invested $10.5 billion in a Texas-based energy futures exchange, creating the largest U.N.-backed oil futures trade in history.The $10bn deal will be the largest investment by an energy futures trading company, according to the New York-based exchange, which says it will help…