Buckley Capital Hurt By Big South Africa Bets

Buckley capital lost 5.3% net for its investors during 2016 according to the fund’s fourth quarter and full-year letter to investors a copy of which has been reviewed by ValueWalk. Over the same period, the S&P 500 returned 12%, and the Russell 2000 returned 21.3%. 2016 marks the second year since inception (2011) that Zack Buckley’s  hedge fund has produced a negative return for its investors. Last year the firm lost 3.2% net. However, since inception, the firm has returned a cumulative 133.7% net compared to 73.2% from the Russell 2000. Buckley has returned 15.2% annualized since inception. Also see: 2016…