Property Shares Back In Favor With Top Hedge Fund

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Property shares back in favor with top hedge fund

The top-performing China hedge fund has piled back into property shares, reviving a trade that propelled it to a 46 percent gain in the second half of 2014. Marco Polo Pure Asset Management has been buying developers, including Poly Real Estate Group Co and Beijing Capital Development Co. That same trade helped drive the fund’s gain…

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Exodus Point Outperforms As Rates Trading Profits Jump [Exclusive]

Value Bin Default RatesMichael Gelband’s Exodus Point launched in 2018 with $8.5 billion in assets. Expectations were high that the former Millennium Management executive would be able to take the skills he had learned at Izzy Englander’s hedge fund and replicate its performance, after a decade of running its fixed income business. The fund looks to be proving Read More

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