8 hedge funds that made a killing by betting against the world economy last year as stocks and bonds plummeted

Jan 5 2023 by Business Insider

 
Hedge fund manager Crispin Odey's Europe Inc fund surged last year thanks to big bets against the pound and UK government bonds.

Aaron Chown/PA Images via Getty Images

Some hedge fund managers made triple-digit returns in 2022 by betting against the global economy. That outperformance came in a year when the benchmark S&P 500 plunged 19%. The best-performing traders forecast steep interest-rate increases and bet against struggling currencies and government bonds.

For most investors, 2022 was a...

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