fannie mae FNMA freddie mac FMCC

Waterstone's AUM Down 70% As HLF, FNMA, FMCC Calls Misfire

Waterstone Market Neutral Fund scored some profits in its longtime bearish bet on Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) in last month. The fund rose 2.6% in March, after it had flattened its gains of January with colossal losses in February . Waterstone managed to end the first quarter with a positive return of 2.46%, according to a March investor letter reviewed by ValueWalk.

exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 9/130/2019 or after next 25 15 subscribers take advantage whichever comes first – please do not share this discount with others