Hanif Mamdani: The Top Hedge Funds of 2016 Share Best Bets for This Year – Bloomberg

To find out what hedge fund managers are looking out for in 2017, we asked several who topped Bloomberg’s 2016 global ranking of the 50 best-performing hedge funds with more than $1 billion in assets. After riding a jump in equities, oil and high-yield debt in the past year, some of the managers see more opportunity in commodities, energy and corporate debt.

“You’re going to have to take way more risk today in order to try to make outsize gains versus a year ago,” said Hanif Mamdani, who runs the PH&N Absolute Return Fund at the Royal Bank of Canada. “You try to eke out a 6, 7, 8 percent return and wait for an eventual dislocation — whether it’s because of the Fed, or a tweet.”

Source: The Top Hedge Funds of 2016 Share Best Bets for This Year – Bloomberg

 

Previously on Ismailimail…

Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, its achievements and humanitarian works.

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