This Top Value Hedge Fund Is Up 17% In January 2019 And Banking On Fannie Mae Exiting Conservatorship

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...