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Daniel Benton’s Andor Gives New Meaning to Volatility

The tech-heavy hedge fund is still down for the year, despite a huge monthly gain in June, owing to concentrated bets on momentum stocks.

Talk about volatility. Daniel Benton’s Andor Opportunity Fund, run out of Rye Brook, New York–based Andor Capital Management, was up 19.5 percent in June — yes, in June alone. But believe it or not, the technology stock–heavy long-short equity fund is not in positive territory for the year. This is because it

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