Three Bridges Earned 26% In 2013, Says Europe Full Of Opportunity

The Three Bridges Europe Fund posted a negative return of -1.8% net in January, affected, as most equity funds were, by the slide in emerging market stocks and currencies as well as concerns over the Fed tapering, according to a letter to investors reviewed by ValueWalk. The fund management is not unduly worried, saying in its January performance review that “these periods of heightened volatility are painful, but typically short lived and ultimately create an opportunity for investors, as we are already seeing as this letter is being written, with a healthy market recovery by mid-February.” Emerging markets and Europe…