Klarman Compares Treasuries Bunds and JGBs to Subprime and Greek Debt
Seth Klarman's Baupost Group has returned 1.39% year to date, according to our sources with direct knowledge of the matter. The fund had a better return for Q1, before experiencing a 1.2% decline in the second quarter. In terms of allocation, we have the first detailed insight into what assets the famous value hedge fund manager's portfolio consists of:
Cash is 28%, compared to 25% in Q1, as we reported
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