Senvest Up 22% In 2014; Fund Holds Big Yen And Euro Shorts
While many hedge funds struggled to earn their keep in 2014, the Senvest Master Fund was up 22.4% before fees, beating the S&P 500’s already strong 13.4% gains for the year, according to a January 28th letter to investors reviewed by ValueWalk. Avoiding huge energy-related losses is part of the reason Senvest had a strong year, but there weren’t any big winners. Instead, they had a string of consistently good . . .
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