Canyon Capital has recouped 70 percent of its Q1 losses: Q3 Letter – ValueWalk Premium
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Canyon Capital has recouped 70 percent of its Q1 losses: Q3 Letter

The Canyon Balanced Funds have gained more than 28% since the end of the first quarter, recovering 70% of its first-quarter losses. In their November letter to investors, which was reviewed by ValueWalk, the fund's management said due to the unprecedented backdrop of this year, they have shifted to a more defensive portfolio with lower beta.

Q3 2020 hedge fund letters, conferences and more

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