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The mutual fund beats its benchmark, earning the top spot for performance and risk measures.
Manufacturing activity in China and Europe contracts in February.
'It really sucks,' says one, as the debt crisis puts a damper on the U.S. stock market.
Greece finally secures a second bailout from European governments.
The smart money is positioning portfolios to recover from losses in 2011.
Hedge fund SAC Capital has purchased more shares of Apple and Gilead Sciences.
And the billionaire hedge fund manager has dumped bank and materials shares.
The billionaire investor buys more tech shares and cuts his stake in Kraft Foods.
Paulson & Co. initiated five positions in the fourth quarter, including a stake in Delphi Automotive.
Seth Klarman initiated only one position in the fourth quarter: out-of-favor biotech stock Targacept.