Fortress is Hedge Fund King with Highest Profits, Best Performance – ValueWalk Premium
Fortress

Fortress is Hedge Fund King with Highest Profits, Best Performance

Three major mid sized asset managers posted 2Q 2013 earnings this week. Och-Ziff Capital Management Group LLC (NYSE:OZM), AUM $36.6 billion, beat analyst estimates and reported distributable earnings of $0.16/share, 15 percent higher than its previous year mark, and coming off much better than the $0.14 consensus estimate.

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