Millennium continues to have a solid year led by its equity arbitrage strategies, both in the U.S. and international portfolios. According to the fund’s June return sheet, which was reviewed by ValueWalk, the U.S. portfolio was up 0.87% for June, while the international portfolio was up 0.81% for the month. Year to date, the fund’s U.S. portfolio is up 4.7%, while its international portfolio is up 4.47% for the first six months of the year.
Equity Arbitrage Is Still Millennium’s Strongest Strategy
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.