BAM Fund Sheds 6.6% In July

Aug 19 2010 | 2:51pm ET

BAM Capital’s Opportunity Fund found precious little in July.

The fund’s C-class shares plummeted 6.6% last month and are down 9.5% this year, Bloomberg News reports. Another of the fund’s share classes lost 6.4%, and is down 6.6% year-to-date.

BAM, whose assets under management have plummeted 70% over the past two years, said in March it would merge with AM Investment Partners. AM’s convertible bond fund is doing better than its new partners, rising 0.5% last month and 2.6% on the year.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of