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	<title>Hedge Fund News From HedgeCo.Net &#187; arnhold</title>
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		<title>Eveillard and Englander Shun Leverage, Beat Rivals</title>
		<link>http://www.hedgeco.net/news/01/2009/eveillard-and-englander-shun-leverage-beat-rivals.html</link>
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		<pubDate>Tue, 13 Jan 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bloomberg -&#160;Jean-Marie Eveillard, who beat 99 percent of rival equity fund managers last year by hoarding cash instead of borrowing it, is loading up on Japanese insurers and Hong Kong developers. &#8220;Leverage eliminates your staying power,&#8221; said Eveillard, whose $16.8 billion First Eagle Global Fund beat the Standard &#38; Poor&#8217;s 500 Index every year this [...]]]></description>
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