Hedge Funds

Shiprock Capital extends gains as emerging markets, corporate bond bets pay off

The City hedge fund’s assets under management have swelled since January amid a volatile period for the sector

Friday 18 October 2024 at 10:38

Shiprock is trying to push ahead as the Square Mile’s hedge funds face an increasingly complex outlook
Shiprock is trying to push ahead as the Square Mile’s hedge funds face an increasingly complex outlook Photo: Wiktor Szymanowicz/Getty Images

London-based hedge fund Shiprock Capital has extended its gains for the year as bets on emerging markets and corporate bonds continue to pay off.

Shiprock Capital’s investments rose 2.2% in September, pushing yearly returns to 26.3%, according to people familiar with the matter.