Trident Fund LP August 2022 Performance Update

Trident Fund LP performance update for the month ended August 2022. Q2 2022 hedge fund letters, conferences and more The Trident Fund LP returned -0.6 percent in August, and the fund is +1.4 percent net for 2022. An unprecedented promise of pain from the Chairman of the Federal Reserve sent stock markets reeling in August, and Trident was caught offsides yet lost just -0.6 percent. Trident’s Risk Regime model had captured the sudden stock market rebound that started in late June despite aggressive interest rate hikes from the Fed. But in August, surprising aggressive rhetoric from Fed Chairman Powell caused…