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Sears at the Eaton Centre in Toronto opens its doors for business on Tuesday October 29, 2013.
Sears at the Eaton Centre in Toronto opens its doors for business on Tuesday October 29, 2013.
(Frank Gunn/CP)

Investors flee Lampert’s fund as Sears slumps

Eddie Lampert’s hands-on management of Sears Holding Corp. has not inspired much hope of a turnaround at the embattled retail giant, despite capturing so much of the billionaire investor’s time and capital. Now, some of his long-time hedge fund clients appear to have reached the same conclusion and are heading for the exits.