SAC’s Steve Cohen Is Worried About 2012
SAC Capital’s Steve Cohen is at the SALT hedge fund conference in Las Vegas, but he’s sure to have plenty on his mind. First is his drop from 27 to 34 in II’s ranking of the top hedge fund managers by AUM. Second is what will happen when the Federal Reserve Chairman Ben Bernanke winds down his easing program in June.
By Stephen Taub
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SAC Capital’s Steve Cohen is at the SALT hedge fund conference in Las Vegas, but he’s sure to have plenty on his mind. First is his drop from 27 to 34 in II’s ranking of the top hedge fund managers by AUM. Second is what will happen when the Federal Reserve Chairman Ben Bernanke winds down his easing program in June.
In a rare public speaking appearance at the SALT conference, the 54 year-old manager said he expects “a little pause” in the market before it resumes with....