Acacia Capital Finds Value Overseas, Particularly UK

International value partnership Acacia Capital, struggled to match its benchmark performance in 2018. The $737 million investment partnership, managed by Peter Kinney, lost -9.86% on a net basis for the year, underperforming the MSCI World Index by 115 basis points.

Q4 hedge fund letters, conference, scoops etc

However, in the fourth quarter, the firm outperformed its benchmark significantly, returning -6.29% net, compared to the MSCI World's -13.4%.

If you’re looking for more timely hedge fund insight, ValueWalk’s exclusive newsletter Hidden Value Stocks offers exclusive access to under-the-radar value hedge funds and their ideas. Click here to find out more and signup for a free no-obligation trial today.

Since inception, the value partnership has returned 11% annualized, compared to 7.9% for the MSCI world.

These numbers understate Acacia's performance since inception because they do not reflect the firm's average cash position since inception of 39.2%. The group started 2018 with a cash position of 38.6% and averaged around 42.5% throughout the year.

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required


Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code 2019VIP or click on the button below

Limited time offer only expires 9/16/2019 or next 20 9 whichever comes first – please do not share this discount with others

 

0