Hedge Funds
Ray Bakhramov has been waiting for these days, when the global markets would plummet and whipsaw and finally make him a mint. Three years, to be precise. Three years during which he lost a money. A lot of money: Down double-digits every year kind of money. And now that they’ve come, and made his money back and thensome, Ray Bakhramov isn’t ready to let go. Forum’s main fund notched a 24 percent gain in July and jumped 60 percent the following month, fueled by short positions in the Chinese yuan and the Taiwanese and Singapore dollars, according to a letter...