Former Odey PM Predicts “More Normal” 2024 for Competitive-Bidding Situations

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Michelle deBoer-Jones
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The GA-Courtenay Special Situations Fund returned 1.5% for February, coming up a bit short of the iShares MSCI World ETF’s gain of 4.6%. Year to date, the Courtenay fund is up 3%, versus the benchmark ETF’s return of 5.4%. Since its inception around October 2019, the Courtenay Special Situations Fund has cumulatively returned 85.4%. The GA-Courtenay Special Situations fund is described as “a performance-oriented global equity strategy with modest-to-low correlation to the market at large and with low leverage. The fund’s investment approach focuses on competitive advantages via a “repeatable deep-dive research process.” Arbitrage and competitive bidding The special situations…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.