Australian hedge fund Caledonia delivered mixed results over the past year, as strong gains in selected equity positions were offset by weaker performance from several of its largest holdings, according to a report by the Financial Review.
The report cutes unnamed people familiar with the mater as revealing that the fund, run by Will Vicars and Mike Messara, generated a 14.6% return over the 12 months to 31 December. While the performance exceeded Australia’s S&P/ASX 200, which rose 6.8% ove...
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