(Gulf News) Taylor Woods Capital Management, one of the world’s best performing hedge fund firms in 2015, lost 7.3 per cent in the first five months of the year as bets on commodities soured, according to a letter to investors seen by Bloomberg.
The Taylor Woods Master Fund Ltd., run by George “Beau” Taylor, lost money every month, the longest losing stretch since 2011, the letter showed. While the fund profited from its bets on metals in May, speculation in energy markets triggered a 1.2 per cent decline for the period. Officials at the Greenwich, Connecticut-based firm didn’t respond to phone calls and e-mails seeking comment.
