Investing

Hedge Fund Founder Says the Future of Stock Picking Won’t Come From Hedging

Eric MandelblattPhotographer: Patrick T. Fallon/Bloomberg
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For Soroban Capital Partners founder Eric Mandelblatt, the future growth of stock-picking hedge funds won’t come from hedging.

“Where the world is heading, I think long-short will struggle to be a growth asset class,” Mandelblatt, who’s also Soroban’s chief investment officer, told Bloomberg in a rare interview.