Long / Short Fund Pensato Up In Down Market

Relative value strategy at play as market volatility provides opportunities in pricing mis-matches Long / short European equity fund at Pensato found value in January’s volatile rock and roll market environment, delivering monthly performance near the top of their statistical range. The Pensato Europa Absolute Value Fund was up 2.6 percent in January. In an investor letter reviewed by ValueWalk, fund management noted that “despite a volatile period for markets,” which was an understatement in the wake of an odd collapse in the price of oil, Swiss currency flash crashes, Eurozone QE undercurrents and Greek elections ushering in a threat…