(Valuewalk) Fannie Mae and Freddie Mac have been under U.S. government control for more than a decade now, but it’s finally sounding like that could end. One hedge fund which focuses on the financial services industry has been betting on a positive end to Fannie’s position as a government-sponsored enterprise (GSE), and the fund updated its thesis for Fannie Mae preferred stock in its fourth-quarter letter to investors.A tough fourth quarter The fourth quarter was difficult for almost all hedge funds, but it was particularly tough for Gator Capital Management.
Top Hedge Fund Bets on Fannie Mae Preferred Stock Making Dough
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