Trident Fund LP October 2020 Performance Update

Trident Fund LP performance update for the month ended October 30, 2020. Q3 2020 hedge fund letters, conferences and more The Trident Fund LP returned -1.0 percent in October, and the fund is +11.9  percent net year to date. In October, bond and commodity trading successfully mitigated Trident’s “long” equity exposure, resulting in performance aimed at preserving capital. Trident earned nearly +2.0 percent on its Engle model while losing about -3.0 percent on the risk regime model, which clung to “risk-on” positions. Global bond trading earned +1.0 percent in October, as Trident profited from the steepening yield curve. Moreover, Trident made…