Harbor Spring Capital Disparages Quants Then Hires One; Details Financial Engines Inc (FNGN) ShortMark Melin
Harbor Spring Capital dialed up the long end of their Long / Short strategy to deliver 3.4% net investor returns in the third quarter, slightly underperforming the S&P 500’s 3.9% and the MSCI World Index’s 5.0% performance over a similar period. The Tiger Cub hedge fund particularly amped up the long end of the portfolio during the period, as the short portfolio was a particularly tough drain . . .
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