Bramshott Vows To Stay The Course, Sell On Strength

Bramshott's Europe Fund, with $460 million in the fund strategy, delivered 2.71% to their investors February while European equities, as measured by the Stoxx 600, rose 4.81%, according to a letter to investors reviewed by ValueWalk. The hedge fund seeded by Louis Bacon of Moore Capital is having a good year compared to the broad equity indices, which are roughly flat for 2014.

After a volatile January, European stocks were positive in February as emerging markets and foreign exchange fears lessened.  With the central bank safety net in view, the letter noted that as the...