"Hedge-fund manager Christian Zugel has made a mint in
mortgage-backed securities, and he has also been wheeling and dealing in a lot
of real estate. He has had to figure out how to fit a growing staff of 73 into
a renovated garment factory, originally built by a grandfather of former Disney
Chairman Michael Eisner near the Jersey shore in the town of Red Bank. Zugel also has moved into bigger
quarters in London 's Hanover Square , and is in the process of
doubling his space in Shanghai ,
so his firm, Zais Group, can broaden its research and investor base around the
world.
"Zugel's flagship fund, the $462 million Zais Opportunity
fund, is No. 1 on Barron's Hedge Fund 100 ranking for the second consecutive
year, the first time any fund has posted back-to-back wins in the eight-year
history of our tally. Playing a variety of mortgage- and asset-backed
securities as well as collateralized loans, the Stuttgart, Germany, native, 53,
posted remarkable three-year annualized returns north of 50% through Dec. 31,
2012, nearly five times better than the Standard & Poor's 500 and 13 times
better than the average hedge-fund return in that time. His firm oversees $5.4
billion in all…..
You can’t stop reading now…Go to http://online.barrons.com/article/SB50001424052748704253204578469283806191260.html?mod=BOL_hpp_mag#articleTabs_article%3D1
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