Anson Funds Management returned 18.2% in its main strategy last year, boosted by gains on investments in which the Canadian hedge fund manager took an activist role.
It marked the sixth straight year of positive returns for the Anson Investments Master Fund, which beat the Dow Jones Industrial Average and Canada’s main equity benchmark but trailed the S&P 500. The fund has increased investors’ capital 10-fold since its inception in 2007, according to an investor letter seen by Bloomberg.