Toscafund Wipes Out 2016 Flagship Losses With Strong Q1

(HFMWeek) London-based Toscafund Asset management has reversed losses suffered in its flagship fund last year with a strong first quarter, performance data seen by HFMWeek reveals. The $600m in AuM Tosca fund was up 7.8% as of 31 March after sinking 7.5% in 2016 following heavy losses amid market reaction to.

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