WSJ – A little-known but long-established London hedge fund showed a clean pair of heels to peers last year, ratcheting up a gain of almost 70% as funds of its style staged a comeback in Europe.
Mulvaney Capital Management’s Global Markets fund, which gained 67.4%, was the standout performer in Europe in a year when a tumbling oil price and sinking bond yields provided money-making trades for only a handful of star performers in broadly lackluster year for European hedge fund managers.
