Singh’s Axon Continues to Soar
Why the long-short fund is on track to post its fifth straight annual double-digit gain.
Dinakar Singh’s Axon Capital continues to travel on cruise control.
The long-short hedge fund firm is up 21.23 percent this year through September and is on track to post a double-digit rise for the fifth year in a row.
Axon has been able to shrug off last year’s bear market, when the S&P 500 fell 19 percent, and the two-year sharp sell-off in tech and internet stocks that devastated many high-profile funds.