Tollymore Investment Partners, the emerging investment partnership that aims to follow a business-owner mentality when hunting for investments, suffered the second major drawdown in its history during the first quarter of 2022.
According to a copy of the firm's quarterly investor update, which ValueWalk has been able to review, Tollymore generated returns of -33% in the first quarter of 2022, net of all fees and expenses. In comparison, the MSCI All Countries World Index declined by -5% in the same time frame.
Q1 2022 hedge fund letters, conferences and more
Still, despite this performance, since its inception, the fund has matched its benchmark. Between 12 May 2016 and the end of March,...
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