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Credit funds top 2014 hedge funds ranking

Two of the four best fund managers profit from Wall Street's blunders

Mr Jefferson's Hildene Capital Management vacuums up complex securities when Wall Street is shunning them as toxic junk.

Portland, Oregon

BRETT Jefferson told his five-year-old son this about Wall Street recently: "Never will you find a place where so many smart people do so many stupid things." That's a good deal for Mr Jefferson, 49, who has been profiting from bankers' blunders for more than a decade....

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