Featured News & Press
Here Are the Manager Finalists for the 2023 Hedge Fund Industry Awards
There were plenty of losers in 2022, as stocks plummeted and bond markets broke down in the face of rising interest rates.
This Top Short-Seller Still Sees Huge Opportunities Despite The Market
The industrial sector rallied almost 14% in October, but short-sellers quickly increased their bets against the sector as prices rose. According to S&P Global Market Intelligence, investors boosted short interest in the sector to 3.08%. However, one well-known short-seller prefers consumer discretionary stocks over industrial names.
Spruce Point Gains in a Big Year for Short Sellers
Activist short seller Spruce Point Capital Management bested the market downturn last year with a gain of 7.4 percent, according to a yearend letter to investors that Institutional Investor has received.
Short Activist Spruce Point Soars in Turbulent Year for Short Sellers
Despite all the public outcry against short sellers, a number of them survived 2021 just fine. A case in point is Ben Axler’s Spruce Point Capital, whose flagship hedge funds gained 21.4 percent on a net basis, according to a letter to investors.