Soros-Backed Fund Glen Point Loses in First Trading Year

(Bloomberg) Glen Point Capital, one of last year’s biggest European hedge-fund startups after raising almost $2 billion, lost 4.1 percent in 2016, according to an investor letter. The macro hedge fund shed 5 percent in November….. The London-based fund, which is focused on emerging markets and raised money from investors including George Soros, managed $1.8 billion as of the start of 2017…

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply