Gross Trounced by Chilean Posting 371% Bond Return

Gross Trounced by Chilean Posting 371% Bond Return

Susana Gonzalez/Bloomberg

While his two biggest holdings, in state-owned oil producer Petroleos de Venezuela SA and Mexican cement maker Cemex SAB de CV, have returned at least 23 percent in the past year, Tisne is also the biggest bondholder in 21 of the 22 unrated notes that his fund owns, according to regulatory filings.