(Business Insider) After 15 years, Nevsky Capital, a London-based global long/short equity hedge fund led by Martin Taylor and Nick Barnes, is shutting down, according to an investor letter posted by ZeroHedge. The fund isn’t closing because of bad performance. In fact, Nevsky did just fine in 2015, finishing the year up 0.39%. In comparison, hedge funds on average fell 3.49%, according to Hedge Fund Research. Nevsky has also posted annualized returns of 18.4% since inception.
A hedge fund has laid out why it is closing — and it is enough to chill investors everywhere
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