Hedge fund JAT Capital did not report its performance through mid-October to HSBC Private Bank. You may ask what is interesting about that. An earlier article mentioned some reasons that a fund may not continue to report its returns. It's interesting because JAT Capital, through September, was up 31% for the year and had the best returns in HSBC's rankings. The average hedge fund has lost 5% in the same period. John Thaler, manager of the fund, may be trying to keep a lower profile or may not need any more capital raised. The long/short equity fund has $2 billion in assets under management. That may be the limit at which his investing strategy is successful.
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