FrontFour Capital Gains 12.4% Thanks To Fiat

FrontFour Capital, the event-driven fund with a focus on value, currently involved in a battle with Obisidian Capital, returned 12.44% net during 2017 underperforming the S&P 500’s return of 21.82% but outperforming its peer group. The HFRX Event Driven hedge fund index only gained 6.48% net during 2017. Since inception (Jan 2007), FrontFour has produced a cumulative return for investors 112.6% net against the HFRX Event Driven index’s total gain of 23.9% and the S&P 500’s return of 138.4%. FrontFour’s strategy is based on value. The firm invests across the capital structure at the best opportunities and will “selectively engage…