Majedie’s Tortoise Hedge Fund Moves Cautiously

WSJ – In a world where many hedge-fund managers boast of “high octane” returns, Majedie Asset Management’s Matthew Smith has a gentler manner with his Tortoise fund.

Smith said the fund’s name reflects the firm’s “steady, conservative approach to generate money and limit losses,” and also how it is different from the stereotypically aggressive and volatile hedge fund that European politicians love to hate.

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