A select group of small, barely known managers are crushing their more established competitors.
| Karl Richter of AlphaOne|
Market volatility in August and September clobbered many hedge funds, included big losses at some of the industry’s largest and best known firms, including Paulson & Co., Maverick Capital and Omega Advisors. The AR Composite Index fell 1.95% in September, putting it down 1.54% for the year.
Amid this turmoil, a select group of small, relatively unknown