Sun, Aug 30, 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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner