Hedge Fund Rising 107% Sees More China, Emerging-Market Pain
- Bakhramov fund gains 60% in August shorting Asian currencies
- Macro managers drop 0.8% on average in 2015 after China slump
Where Hedge Fund Titans Are Putting Their Money
This article is for subscribers only.
As hedge fund managers take a beating from the slowdown in China, Ray Bakhramov is flying high.
Bakhramov, the chief investment officer of the $100 million Forum Asset Management, said he’s been betting on an emerging-market slump since 2012. His conviction led to three years of losses of 10 percent to 20 percent in his Global Opportunity Fund.