Hedge fund managers show skill in finding value throughout 2012

From currency trades to European financials to crude oil production, hedge fund managers have found extraordinary value in a wide variety of trades over 2012 despite challenging market conditions.

What was your best trade in 2012?

Vik Mehrota, Venus Capital
The best trade of the first eight months of 2012 has been shorting the Indian rupee as the country’s trade deficit and budget deficit deteriorated. India’s reliance on foreign inflows to fund its current account was bound to put pressure on the rupee.

Economic reforms had stalled for several years and political logjams had politicians behind the curve on the policy front.

In September the government finally started a new push for reforms