Fortress Macro Fund

January 18, 2017 James Heinsman Economic Barometer

The Fortress Macro Fund at the end of last year reported a median one-year price target of $5.88, implying that there still could be a rise in stock of more than 17 percent.

In 2014, in an effort to widen the investment management skills of the fund, Jeff Feig undertook two new roles there.  Feig became co-CIO as well as a portfolio manager, while at the same time branching out as co-President of the Fund’s Liquid Markets business.

In terms of future predictions for the fund, the predictions of earnings for Q4 16 analysts believe that earnings should be somewhere between $0.17 and $0.24, slightly higher than the $0.19 that was predicted by EPS reporting in 2015.

UPDATE (April 5, 2017): Looks like I wasn’t up to date on my Fortress news. After Feig stepped down in July 2015, the Macro Fund closed down 3 months later.

Fortress Macro Fund, Jeff Feig,

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