|
|
From Komfie Manalo, Opalesque Asia:
Cayman Islands-domiciled Helium Special Situations Fund, an event-driven and special situations hedge fund managed by Investment Solutions Partners, outperformed all its benchmarks after finishing the first half of the year up +14.61% versus the HFRX Event Driven Index (up +2.99%) and AIM100 Index (down ‐2.87%) and all major equity indices such as the FTSE100 (down ‐0.02%), MSCI World (up +4.49%) and Eurostoxx (up +0.28%) during the same period.
In June, the hedge fund also reported strong performance and ended the month up +3.10%, a reversal of its performance in May after the fund suffered a -1.62% loss during the said month.
Helium said in its June newsletter to investors, "Corporate news flow continued to be very positive. Excellent full year results from Cohort, the specialist defence consultancy group, exceeded market expectations with profits up 50% and a growing cash position currently representing 40% of the market capitalisation. Full year results were also reported by Park Group, with profits being up by 23% and year end cash balances, with no debt, being over £9 million. The business continues its transformation as it harnesses the power of the internet and social media tools to expand its multi redemption voucher and prepaid card business."
Also working in favor of the fund was the return in the profit momentum of ...................... To view our full article Click here
|
|
RSS
