Fannie Mae and Freddie Mac have been under U.S. government control for more than a decade now, but it’s finally sounding like that could end. One hedge fund which focuses on the financial services industry has been betting on a positive end to Fannie’s position as a government-sponsored enterprise (GSE), and the fund updated its thesis for Fannie in its fourth-quarter letter to investors. Q4 hedge fund letters, conference, scoops etc A tough fourth quarter The fourth quarter was difficult for almost all hedge funds, but it was particularly tough for Gator Capital Management. The fund declined 20.57% in Q4,…
This Top Value Hedge Fund Is Up 17% In January 2019 And Banking On Fannie Mae Exiting Conservatorship
Michelle deBoer-Jones
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.