This Hedge Fund Giant Outperformed While Cutting Exposure And Risk In Q1 Amid “Dismal (And Occasionally Baffling) Valuation” – ValueWalk Premium

This Hedge Fund Giant Outperformed While Cutting Exposure And Risk In Q1 Amid “Dismal (And Occasionally Baffling) Valuation”

The Canyon Value Realization Fund gained 6.19% for the first quarter and another 1.62% for last month through Apr. 26. The fund recorded gains in all the major asset classes it invested in during Q1.
Liquidity provider
The Canyon team cut the fund's "level of investedness" 9% in the six months before the fourth quarter of 2018 and then another 4% in October and November. They said accumulating all that cash enabled them to "act as a liquidity provider rather than a liquidity seeker when the markets entered freefall." In December they made large purchases of corporate . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds.   

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

SIGN UP NOW
0