Hedge fund One River up 50% amid pandemic, sees choppy markets ahead

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Hedge fund One River up 50% amid pandemic, sees choppy markets ahead
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FNLondon: This Greenwich, Conn., hedge fund is up 50% in the pandemic period

With $750m in assets under management, US-based high-conviction hedge fund One River Asset Management is a relative minnow when it comes to market value.

In an interview, Peters said his firm's uniqueness derived from not drowning in leverage and being properly prepared for the escalation in risk. He said he sees the fund doing "very well" by riding choppy markets for years to come. This approach, Peters added, meant One River was able to nimbly ride last month's explosion in volatility.

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