Wed, Feb 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Agilith North American Diversified Fund ends December +5.8% ( +44.4% 2012)

Friday, January 25, 2013

Bailey McCann, Opalesque New York: 2012 ended on a high note for Canadian firm Agilith Capital. The Agilith North American Diversified Fund ended december up +5.8% and ended 2012 up 44.4% in total, putting the fund in the top decile for funds in North America. The fund, which started in 2007 is up +105.7% since inception. The fund is designed to offer Canadian investors a diversification over the resource-heavy TSX.

The fund takes on high conviction positions, favouring stock picking over indexing with the belief that superior returns are a direct product of superior business models. The fund is also designed to quickly capture market inefficiencies and extremes in investor sentiment. According to the firm's quarterly market commentary, the firm noted that it was able to perform despite a sluggish end to the year, through the resiliency of the the US economy and improvement in the housing market.

Despite continued fiscal uncertainty, the firm expects a return to normal household formation and slight growth in consumer spending to go along with it. They note that the move by central banks to continue easing policies, is also leading to an expansion in the credit markets that will help to foster global growth. Agilith also points to the slight shift in US Fed policy that will stop easing in the US once unemployment reaches 6.5%. The firm says that while the Fed is projecting 2015 before this number is achieved, US growth could be positioned to hit that target soo......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio