Moab Partners De-risking Shorts and Credit Hedges Amid Trump Fire SurgeBala Murali Krishna
In October, Moab Capital Partners made some smart “Trump trades” ahead of the Republican’s victory in the presidential election, notably shorting stocks with exposure to Mexico. But the New York-based long/short hedge fund may be shifting its strategy after some of its alpha shorts have soured in the aftermath of the strong market rally since Donald Trump’s victory with little correlation to underlying company fundamentals.
In his monthly letter to investors, a copy of . . .
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