Hedge Fund Returning 107% Sees More China, Emerging-Market Pain

(Bloomberg) As hedge fund managers take a beating from the slowdown in China, Ray Bakhramov is flying high. Bakhramov, the chief investment officer of the $100 million Forum Asset Management, said he’s been betting on an emerging-market slump since 2012. His conviction led to three years of losses of 10 percent to 20 percent in his Global Opportunity Fund.

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