Riskowitz Confident In Positions, Concentration After Muted 2016

Looking from his New York City headquarters, Sean Riskowitz has an eye on South African investments and he is disappointed. After posting big annual returns – 68.1%, 34.3% 50.5% and 23% from 2011 to 2014 – he is disappointed the market did not recognize the value in his holdings in 2016. With just 0.8% 2016 performance after the Johannesburg All Share Index surged ahead by 12.7%, the manager of  Riskowitz Capital sees brighter days ahead, he said in a letter to investors reviewed by ValueWalk. 2016 Hedge Fund Letters Riskowitz Capital has over 80% of the portfolio exposed to five…