Teens look for Bumper returns

New Angles

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Most investors are keen to see an extensive track record before handing over a single cent to a hedge fund manager, but for some, talent – no matter how briefly demonstrated – is what matters.

A case in point is the Bumper Fund, managed by Kern Asset Management and Caballero Stewart Financial in California. The $13.5 million fund is up around 57% (net of fees and costs) since its launch in August 2003. Remarkably, two of the three co-managers of this fund – Edric Caballero and Brandon

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