Vision Capital Sees A Positive Outlook For REITs And REOCs In 2021

Vision Capital's Vision Opportunity Fund was up 1.9% net for 2020, outperforming the MSCI U.S. REIT Index's 7.6% decline and the S&P/ TSX Capped REIT Index's 13.1% fall. Vision was up 4.1% net for the fourth quarter compared to the MSCI U.S. REIT Index's 11.5% gain and the S&P/ TSX Capped REIT Index's 12% increase.

Q4 2020 hedge fund letters, conferences and more

Difficult Markets

In their fourth-quarter letter to investors, which was reviewed by ValueWalk, President and CEO Jeffrey Olin and his team said last year was the most challenging and volatile since the Great Financial Crisis. However, Vision Capital still managed positive absolute returns and strong risk-adjusted returns...