When markets are not performing well, as has been the case in recent months, it is even more impressive and noteworthy when a fund does do well.
In an article in Barron’s highlighting the successful hedge funds of 2008, AJW Offshore II is listed among those funds which “Aced the Stress Test” of the tough, poor perfoming, marketplace of funds.
AJW Offshore is a hedge fund of the NIR Group of Roslyn, New York whose managing partner is Corey Ribotsky.
He can be happy that he was able to lead his investors to double digit gains in 2008 and three year annualized returns to be proud of.
Check out the full article in Barron’s by following the link.
