Global Return Asset Management Up 18% In April

Global Return Asset Management performance results for the month ended April 30, 2020. Q1 2020 hedge fund letters, conferences and more Dear Friends and Partners, In April we generated a net return of 17.7%.1 We ended the month with 26% of assets in Cash and a Net Market Exposure of 45%. As of May 8, we’ve generated a year-to-date net return of 0.13%.1 Based on our historical buy-and-sell activity, we’ve been very active. In April, we initiated one new position, exited one position, and added to 12 existing positions. We also entered one hedge and exited one hedge. Year to…