Tuesday, 21 February 2017
Last updated 3 days ago
Oct 9 2012 | 10:54am ET
Hedge fund returns have been fairly disappointing this year, but not for investors in AM Capital Advisors.
The Chicago-based long/short equity fund soared 41.71% in the third quarter, including a 6.64% return last month, Opalesque reports. That's not only leagues better than the average hedge fund, it makes AM one of the few hedge funds this year to actually perform better than the broader markets.
Asked by Opalesque about his fund's success, AM chief Aaron Miller was succinct: "By conducting vigorous research, buying or selling at opportunistic times, and not being so hesitant."