Angelo Gordon’s Super Fund Adds 12.95% In 2021

Angelo Gordon's $1.5 billion multi-strategy hedge fund, known as the Super Fund returned +0.20% in December and 12.95% through December 31, 2021, according to a copy of its latest update to investors, which ValueWalk has been able to review.

Q4 2021 hedge fund letters, conferences and more

In the update, fund manager Cort Escherich and analyst Garrett Potter note that the Barclays U.S Corporate High Yield index posted a 1.9% return as interest rates continued to exhibit significant volatility during December. The yield on 10-year Treasury rose from an intra-month low of 1.34% to 1.51% at the end of the month.

All Strategies Outperform

In the Super Fund, four out of its...