Markets Prefer A Cautious Fed, But This Value Fund Is Ready Either Way

What a difference three months makes. The fourth quarter was the worst quarter for the world's stock markets since the 2008 Global Financial Crisis, but the first quarter of the new year was the best quarter in more than 10 years. According to management of the WCM Global Growth Limited fund, this dramatic reversal was due to the Federal Reserve's flip-flop to a much more cautious stance.

Q4 hedge fund letters, conference, scoops etc

WCM's growth fund outperforms

The fund continues to look at its portfolio with a long-term mindset rather than positioning for short-term switches...