Is This Man Currently The Best Trader In The World ?

Number One

Five years ago, this guy had hit bottom.

Deepak Narula hit bottom in 2007 when investors pulled cash from his hedge fund, leaving him to unwind mortgage bond bets in a frozen market that would have made money if he’d just held on a few more months.

Five years later, Narula, 49, is at the top of the best-performing category of funds.

Metacapital Management LP, the New York-based firm he founded in 2001 after leaving Lehman Brothers Holdings Inc., is up 34% this year, almost 10 times the industry average.

Since restarting in July 2008, returns exceed 500% and the firm has expanded to oversee $1.4bn.

Narula has built his recent run on predicting how the Federal Reserve, the Obama administration and financial industry would react to the worst housing crash since the 1930s. He’s outpacing competitors by investing in both government-backed securities and riskier property debt, profiting from buying bonds that rallied as real estate recovered, and trading around government attempts to stoke refinancing.

See the Bloomberg video below:

And The Worst Trader Of All Time Is....

Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...