BlackRock's Obsidian hedge fund posted 2019 returns of more than 13% - Business Insider

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BlackRock's flagship hedge fund Obsidian returns more than 13% in 2019 after stumbling in August

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The fund, managed by Stuart Spodek, is fixed-income focused. The returns lagged the S&P and the overall bond market. Click here for more BI Prime storiesBlackRock's long-running flagship hedge fund Obsidian returned more than 13% in 2019, a source tells Business Insider.

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