Hedge Fund With 2.56 Sharpe: Wall Street Has Gone Mad: “Bad News Cheered, Good News Makes Investors Nervous”

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Michelle deBoer-Jones
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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.

Q2 hedge fund letters, conference, scoops etc

Deer Park Road Management
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In the June letter for the firm’s SBF Opportunities Fund, which was reviewed by ValueWalk,

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.