Global Return Asset Management April 2019 Results

Global Return Asset Management performance review for the month ended April 30, 2019. Q1 hedge fund letters, conference, scoops etc Dear Friends and Partners, In April we generated a net return of 2.04%. We ended the month with 24% of assets in cash and had a net market exposure of -42%. Year-to-date our portfolio has gained 21.8%, net. Mid-Month Update As I write this note (Monday, May 13th), global markets are under significant pressure from the trade war between the U.S. and China. For example, the S&P 500 and the Dow are poised for their worst May performance in nearly…