Metacapital Management, the hedge-fund firm run by former Lehman Brothers Holdings mortgage-bond trader Deepak Narula, returned 28% in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing. Now the New York-based firm is seeking to protect against one of the “biggest” risks in the $5.2trn market for agency mortgage bonds, Narula wrote in a July 22 letter to investors.
Hedge fund sees risk in mortgage bonds after 28% gain
Most Popular Articles
Latest Articles
Safeguarding sensitive data: Essential practices for businesses
In today’s interconnected digital landscape, information sharing is a fundamental aspect of business operations. However, the exchange of data comes with inherent cybersecurity risks, making it vital for organizations to adopt robust measures to protect sensitive information. This installment of the “Reducing Risk” series focuses on how careful review and encryption of sensitive data before sharing with external parties can mitigate cyber threats, safeguard your business, and strengthen trust with clients. Let’s explore this essential topic in depth.
-
loanDepot’s Frank Martell on building lifelong consumer relationships through technology
-
Housing market data positive despite Powell’s Grinch act
-
Two charts that explain why Texas housing markets have stalled
-
5 best online Florida estate schools for 2025
-
Anywhere settles lawsuit tied to Telephone Consumer Protection Act complaint
