Michele Ragazzi's Giano Capital returned 1% in July, taking the fund's year-to-date performance to 0.3%.
Since its inception, Ragazzi's flagship fund has produced a compound annual return of 8.5%, according to a copy of its July investor update, which ValueWalk has been able to review.
Giano Capital was set up in 2018 after Ragazzi quit Crispin Odey's...

