Canyon Up 2.6% In Q2, Bumps Up Cash Position
Distressed asset hedge fund Canyon Value Partners was up 2.6% in the second quarter, bringing up the year-to-date gain to 5.2%.
Canyon is not a generic investor
In its quarterly letter, Canyon stresses that its style of investing and types of holdings have little in common with the average ways of the market. Canyon said that less than 25% of its equity portfolio is . . .
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