Why One of This Year’s Top Performing Hedge Funds Isn’t Worried About Inflation or the Delta Variant

Senvest, which surged 67 percent in the first quarter alone, says both issues will be resolved over time.

Richard Mashaal, founder of Senvest Management. (Christopher Goodney/Bloomberg)

Richard Mashaal, founder of Senvest Management.

(Christopher Goodney/Bloomberg)

Rising inflation and a surge in Covid-19 infections are spooking many investors.

Not the folks at Senvest Management.

They think both concerns are overblown and the markets will shake them off.

“We believe concerns of inflation seem to be more media fodder than what financial markets suggest,” Senvest recently told clients in its second-quarter letter, which was obtained by Institutional Investor.

“Whether

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