Bond Fund Managers Return Over 100 Percent On Greek Debt

Greek government bonds have been one of the most successful investment stories in the last few years. The biggest and brightest of the U.S hedge fund industry have profited in huge sums from betting in favor of Greek bond yields. Dan Loeb’s Third Point and Seth Klarman’s Baupost Group are some of the famous names who have scooped up major profits by buying Greek bonds. Bond focused funds make a killing As it turns out, the returns of these big money managers do not even come close to what indigenous Greek bond funds have managed this year. Bond funds of…