A new analysis by Reuters offers a fresh look at the interests pouring money into the 2016 president election.
Hedge fund managers are upping their game in this election season, with Democratic front-runner Hillary Clinton and Republican Ted Cruz the biggest beneficiaries, Reuters‘ review of Federal Election Commission filings found.
“About $47 million has been lavished on presidential candidates and lawmakers and the political action committees that support them by two dozen of the industry’s top managers in the first 13 months of this election season,” the news agency reports.
In fact, hedge fund managers are on track “to more than double the amount they gave in the 2012 election campaign.”
That continues a trend—the Center for Responsive Politics (CRP) reports: