"You’re going to see records set," said the managing director of the private financial and consulting services firm Art Capital Group.

Top hedge fund managers — recorded their best year ever in 2009. The annual ranking by AR: Absolute Return + Alpha showed the top 25 managers earned more than $25 billion.

"Our collectors are really rich again," said one auction house official.

Earlier this year one of the most powerful hedge managers, bought a Johns’ signature Flag painting from a New York dealer for about $110 million.




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