Hedge Fund With 2.56 Sharpe: Wall Street Has Gone Mad: “Bad News Cheered, Good News Makes Investors Nervous”Michelle Jones
Deer Park Road Management's SBF Opportunities Fund was up 0.91% for June, ending the second quarter with positive returns in all three months. For the first six months of the year, the fund is up 3.29%. The firm's STS Master Fund which sports an impressive 2.56 sharpe ratio, was down 5.57%, ending a bumpy quarter on a down note. Year to date, the fund is down 9.64%. Deer Park Road focuses on mortgage- and asset-backed securities.
In the June letter for the firm's SBF Opportunities Fund, which was reviewed by ValueWalk,
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