The multi-strategy hedge fund Eton Park scored a +1.1% return in the second quarter, which led to a total gain of 1.4% for the first half of the year. The famous hedge fund with $15 billion in assets, was founded by former Goldman Sachs partner Eric Mindich.
In the quarterly investor letter seen by ValueWalk, the fund remarks on the diverse course that economic policies are taking around the globe. The fund was the most profitable in America but incurred the largest loss in European positions. Eton Park made the highest return in Japan among Asian countries, where the fund was increasing exposure. The quarterly...
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