Visium Global Fund Entered October With Significant Short Plays

The Lamp Visium Global Strategy equity long/short hedge fund rose slightly in September, but remains negative to the tune of -3.14 percent year to date, according to a letter to investors reviewed by ValueWalk.

The UCITS fund, which has interesting short exposure ideas, had suffered much of the year as stocks climbed higher most of the year until the recent selloff.

Visium Global Fund impacted by fast-growing hard discount chains

The U.K. supermarket sector has been talk among a number of European hedge funds, and Visium Global Fund saw the impact of “fast-growing hard discount chains” on the established brands and hit the short side of the trade. As the price wars deepened, and margins on established supermarkets withered, shares of...