Unlike most other small value hedge funds, Aquitania Capital Management struggled to outperform the market during 2016. According to the firm’s fourth-quarter and full-year letter to investors, the Aquitania Capital Management Value Composite returned 3.8% net of fees (4.1% gross) in the fourth quarter of 2016 compared to the 3.8% gain in the S&P 500 and a 1.2% gain in the MSCI World Index. For the full year, the Composite returned 8.1% net of fees (9.7% gross) compared to a gain of 12.0% in the S&P 500 and a 7.9% gain in the MSCI World Index. The Composite has returned…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
