Mangrove Partners Loses 39% In 12 Months As Short Book Struggles; Takes Physical Possession Of Two TankersRupert Hargreaves
Contrarian hedge fund, Mangrove Partners' investment portfolio declined 30% in the first quarter of 2020.
The fund lost 23.5% in March. After this performance, over the 12 months to the end of March 2020, Mangrove's portfolio is off by 39%, that's compared to a loss of 7% for the S&P 500 over the same time frame.
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