The WS Lancaster Absolute Fund was up 4% for September, bringing its year-to-date return to -4.7%. The fund has enjoyed a compound annual growth rate or 11.6% since its inception in May 2009.
During the third quarter, the fund's top long positions were Frasers Group, IWG, Jet2, Plus500, Ubisoft, Shell, BP, Vivendi, AO World and Natwest Group.
Q3 2023 hedge fund letters, conferences and more
The transition to Lancaster Investment Management
In their September letter to investors, which was obtained by Hedge Fund Alpha, portfolio managers James Hanbury and Jamie Grimston reported a robust third quarter for the fund with...
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