Vega says bigger is better.

From: Financial News | Date: April 18, 2004 | Copyright information

Byline: Mike Foster

Vega Asset Management, the macro hedge fund operator based in Madrid, aims to show that big can be beautiful, following a surge from $1.8bn ([euro]1.5bn) to $11bn in its assets under management over the past 15 months.At one point last month the value of its Vega Select hedge fund fell by 8%, encouraging critics to argue that the firm is becoming too large to operate effectively. They point out that George Soros' Quantum hedge fund operation ran out o...

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