Thursday, 25 December 2014
Last updated 1 day ago
Jan 22 2014 | 1:40pm ET
Fund of hedge funds SkyBridge Capital has soared about 38% over the past two years, thanks to its bet on U.S. mortgages.
The $6.2 billion hedge fund profited handsomely from the Federal Reserve's stimulus program, which has helped lift the mortgage market. And even though the Fed's bond-buying days are numbered, SkyBridge is still bullish on the sector.
"We still like mortgage-backed securities," the firm's Troy Gayeski said.
SkyBridge, which last year had 70% of its assets invested in mortgage strategies, still has 38% of money in mortgages.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.