After $1M Start In 2008, VGI Reaches $1.25B AUM And Soft Closes

VGI Partners Global Investments Ltd, the Australian global investment fund, produced a return of 1% for its investors during the three months to 31 December. Of this 1%, 0.1% was foreign exchange movements while 0.9% was equity gains. See also: Hidden Value Stocks This performance appears lackluster when compared against strong equity market performances around the world over the same period. However, as a relatively new fund, and considering the market environment, the managers have decided to deploy cash slowly and had net equity exposure of only 28% at the end of January 2018, according to a copy of the…