Good news for a Sunday Anson Funds and its 41-year-old leader, have been posting returns that are multiples the industry norm. It’s also punching above its weight in controversies. Reddit boards and websites have sprung up to question the propriety of how it bets on the ups and downs of stocks. So too have lawsuits.
And now, Anson has an unwelcome distinction in a U.S. Justice Department inquiry examining the tactics used by short sellers: Of dozens of firms that Bloomberg has identified as being mentioned in prosecutors’ sweeping requests for information and communications, Anson is among a smaller number that have been subpoenaed directly, according to people familiar with the matter.
https://www.bnnbloomberg.ca/hedge-fund-with-45-returns-drawn-into-doj-probe-of-short-sales-1.1742961
Sleep tight Quiet.
The GFY.