Dialectic Capital loses Money on its CAST and HLF Short Bets

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HFA Staff
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Dialectic Capital Management, LLC, a short biased hedge fund is out with the July update. The CEO of the New York based hedge fund is excellent at uncovering fraud among companies, and resorts to highly unconventional methods to discover them. Overview Dialectic was overall able to gain through its investments on the short side of  Euro Soveriegn bonds, cyclicals and education. The fund was down in its investment in Chinacast Education Corporation (PINK:CAST), Autoparts retail, and Multi-level Marketing ,in which the Herbalife Ltd. (NYSE: HLF) investment falls. The fund also detracted on long investments in Oil and Gas production companies and Network equipment…

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