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Craig-Scheckman s Deer Park Hedge Fund Craters on Mortgage Bets

Craig-Scheckman s Deer Park Hedge Fund Craters on Mortgage Bets
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Craig-Scheckman s Deer Park Hedge Fund Craters on Hedges

(Bloomberg) Deer Park Road Management Co.’s flagship hedge fund posted the biggest loss since its 2008 debut after wrong-way bets on a recession and mortgage bonds dented an otherwise stellar record of returns.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageTrump Hit With $83.3 Million Payout for Defaming CarrollOne of World’s Richest Doctors Sees Fortune Surge to $12 BillionFed’s Preferred Inflation Gauge Cools on Robust SpendingUN Court Tells Israel to Pr

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A New Breed of Hedge Funds Get Strong Returns How They Do It

The most successful funds in recent years have pursued multiple strategies while avoiding risk.

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Hedge Funds Cap Bumper Year for Profits With TCI, Citadel Leading Pack

(Bloomberg) Billionaire money managers Chris Hohn and Ken Griffin led hedge funds to deliver one of the best years for clients in 2023.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksPutin Orders Hunt for Property of Russian Empire, Soviet UnionTrump Retires ‘DeSanctimonious’ Insult After DeSantis Backs HimThe industry produced combined

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Hedge fund profits soared in 2023, but which ones did best?

Hedge fund profits soared in 2023, but which ones did best?
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