Philip Mathews, manager of the world's best-performing equity hedge fund outside the United States over the past three years, is betting on oil stocks to keep his top ranking, even though the commodity's falling price is hurting him now.
“The majority of the fund's assets are still invested in oil,” said Sydney-based Mathews, 45. “When we find an idea we believe in, we like to own as much of it as possible. That's our style.”...
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