(Bloomberg) There’s a Swedish hedge fund that’s doing very well as faith in the economic agenda of U.S. President Donald Trump dwindles.Informed Portfolio Management (IPM), which manages $6.7 billion, has returned 9 percent so far this year in its main fund, the Systematic Macro Fund. Its head of investment strategy, Serge Houles, says it benefited from the so-called Trump reflation trade losing steam.
This Hedge Fund Is Making a Bundle on the Death of a Trump Trade
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