(Bloomberg) Trilogy Capital Management LLC is increasing cash levels at its credit hedge fund in a defensive move to protect returns, saying a trade war between the U.S. and China will impact all markets and cause unpredictable ramifications. The New York-based event-driven credit fund is up 20 percent this year through August after recording 15 percent annualized gains over the past three years by betting on North America’s power-generation market and a Canadian oil sands company, chief operating officer Barry Kupferberg said in an email interview.
Cash is King as Hedge Fund Trilogy Erects Trade-War Barricades
This entry was posted in Syndicated. Bookmark the permalink.
