January turned out to be a much better month for hedge funds as several are reporting positive numbers following a challenging 2018. Portfolio managers at one Aussie fund must be relieved to be back in the green after 2018 ended up being their only losing year so far. Q4 hedge fund letters, conference, scoops etc L1 Capital Long Short Fund gains 4.3% In their January letter, L1 Capital managers said their Long Short Fund was up 4.3% for the month. The fund has gained 118.1% net since inception, significantly outperforming the ASX 200’s 26.2% gain and the MSCI World Index’s…
This Aussie Fund’s Losing Stocks In 2018 Rallied In January
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.