Sabretooth Capital, a hedge fund with $700 million AUM, saw gains of 38% for one of its funds after steep losses last year according to AbsoluteReturns.
The $50 million macro Yin fund, which launched in October 2010 has netted gains of approximately 38% net of fees during the last 10 months. That's because the hedge fund's principles, Erez Kalir and Craig Perry, bet that the Fed would continue to keep interest rates low....
Read more: http://www.businessinsider.com/sabretooth-interest-rate-bet-2011-9#ixzz1Xwd7A0XY
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