Leon Cooperman’s Omega Advisors Continues to Suffer from Redemptions
Performance at the veteran manager’s funds is mostly unaffected, but assets have taken a big hit since the Securities and Exchange Commission filed insider trading charges against the firm.
Stephen Taub
January 4, 2017
TKTKT speaks during the Bloomberg Link Hedge Funds 2010 conference at the Guggenheim Museum in New York, U.S., on Thursday, Dec. 2, 2010. Hedge funds attracted a net $19 billion of new capital in the third quarter, the most since the end of 2007, as they returned to their peak asset value before the financial crisis. Photographer: Jin Lee/Bloomberg *** Local Caption ***
Jin Lee/Bloomberg
