Jul
26
How Does This Hedge-Fund Manager Make So Much Money?
By-
Fund reports annual returns as high as 91% since 2013
-
Meyer guarantees clients will never lose money with his system
Ten miles south of downtown Atlanta, in an anonymous business center overlooking the airport, sits the headquarters of what, on paper, is a hedge-fund powerhouse.
The numbers coming out of the part-time office at One Hartsfield Centre are remarkable: annual returns of 13 percent, 24 percent, even 91 percent since 2013.
Clients aren’t quite sure how it’s done. And Joseph A. Meyer Jr., the man behind the obscure hedge fund, Arjun LP, is keeping his cards close. He says only that he employs a computerized system of his own design but invests most of his clients’ money in safe Treasury bonds…