Global Quality Edge Fund letter to investors for the third quarter ended September 30, 2019.
Q3 2019 hedge fund letters, conferences and more
Dear shareholder,
The total return of Global Quality Edge Fund during the 3rd quarter of this year was -2,16% and -7,05%, when measured from inception (01/06/2017).
In the last quarter, we've seen how the economy continues to slow in Europe and the U.S. (see Chart 1). All the central banks, without exception, are triggering expansive monetary policies to confront it. The European Central Bank (ECB), for instance, announced new Quantitative Easing (QE) measures in September, cutting back on deposit facilities to -0.5% and purchasing bonds worth up to € 20 million a month. If the economy does not...
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