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September Proves Tough for Daniel Benton’s Topsy-Turvy Andor

The tech-heavy fund, known for big swings, took a tumble last month due to big losses in its concentrated portfolio.

Daniel Benton’s Andor Opportunity Fund, the long-short equity fund managed by his Rye Brook, New York-based firm, Andor Capital Management, lost 5 percent in September. This slashes its gains for the year to between 4 percent and 5 percent. Benton’s investors, however, are used to these kinds of sharp monthly

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