Tue, Apr 28, 2015
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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner