Alluvial Capital Management commentary for the fourth quarter ended December 31, 2018.
Q4 hedge fund letters, conference, scoops etc
Dear Partners,
It was a difficult quarter that capped off a challenging year. Markets around the world plunged, many experiencing declines not seen in a decade. Alluvial Fund was not immune, down 13.5% in the fourth quarter. While the loss hurts, Alluvial Fund did what it is meant to do. Our collection of obscure, often illiquid, under-followed holdings held up far better than small company benchmarks like the Russell 2000 Index, which produced a total return of -20.4%. For the full year, Alluvial Fund’s -9.0% return bested the Russell 2000’s...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
