Global Quality Edge Fund commentary for the second quarter ended June 30, 2019.
Q2 hedge fund letters, conference, scoops etc
Dear investor,
Global Quality Edge Fund's total return during the second quarter of the year was +1.95% and -1.5% when measured from inception (1st June 2017) until today (26th July 2019).
In the last quarter, we saw how markets seem more optimistic towards the U.S. Federal Reserve's policies to defuse the risks of a recession. When the economic environment heads towards this direction, the Fed typically increases interest rates and may also choose to restrict the flow of credit. What a lot of people tend to forget is that the U.S. monetary authority had already began normalizing interest rates from December...
