Hedge Fund News From HedgeCo.Net


More big-name hedge funds nurse wounds from bond sell-off

Reuters – One of last year’s top-performing hedge fund managers, Deepak Narula, is suffering a reversal of fortune as the mortgage bonds that steered him to the top of the industry in 2012 are now delivering losses.

His Metacapital Management’s roughly $1.5 billion flagship fund was down 5.66 percent for the year through June 14, according to an investor with knowledge of the numbers.

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