Bonhoeffer Capital Management 4Q18 Commentary
Bonhoeffer Capital Management commentary for the fourth quarter ended December 31, 2018.
Q4 hedge fund letters, conference, scoops etc
Dear Partner,
Bonhoeffer returned -17.9% net of fees in 2018, compared to -14.1% for the MSCI ACWI ex-US, our international benchmark. In the fourth quarter, Bonhoeffer slightly outperformed the index, declining by 11.4% compared to the MSCI ACWI ex-US’s decline of . . .
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