Monday, 2 March 2015
Last updated 12 min ago
Oct 11 2012 | 12:10pm ET
Mortgage hedge funds are enjoying something of a renaissance this year.
Led by Metacapital Management's 34% return in 2012, hedge funds investing in all manner of mortgage-related securities, including home-loan debt and non-agency bonds, have posted double-digit returns through the first nine months of the year.
Among the other winners are Pine River Capital Management, whose $3.4 billion fixed-income hedge fund is up 29%, and LibreMax Capital, up 16%, Bloomberg News reports. Brevan Howard Asset Management's $2.5 billion Credit Catalysts Master Fund, run by DW Investment Management, is up 12%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…