Hedge Fund - Legg Mason Capital Management

Hedge fund manager John Paulson's credit opportunities and merger arbitrage funds were up 6.6 percent and 3.3 percent year-to-date through the end of May, respectively, easily surpassing their benchmarks...

Legg Mason is an investment management firm with over $31 billion in assets under management.

Former Legg Mason Chairman and Chief Investment Officer Bill Miller believes Apple Inc. (NASDAQ:AAPL) shares will go higher.

In 1975, Ray Dalio founded Bridgewater Associates in his New York apartment. Now, it's the world's largest hedge fund, managing $150 billion.

Legg Mason’s Bill Miller is struggling to find the ‘extraordinary’ value in the US he did last year, and said equity markets could rise even higher in 2014.

Now, according to many of your fellow readers, hedge funds are assumed to be useless, old investment tools of a forgotten age.

In the eyes of many investors, hedge funds are seen as overrated, old financial tools of a forgotten age.

To many investors, hedge funds are perceived as useless, old investment vehicles of an era lost to time.

Bill Miller is the CFA, Chairman and CIO of Legg Mason Capital Management.