Fed Up With Stocks, Canada Hedge Fund Turns to PE, Gains 88%

(Bloomberg) The manager of one of Canada’s top-performing hedge funds says ETFs have made it difficult to make money in small-cap stocks, so he’s shifting his focus to private equity instead. Toronto-based Goodwood Inc., with about C$100 million ($78 million) under management, was a double winner at Canada’s main hedge fund awards this month.

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