Many investors were caught off guard by the market crash in March, which has gone down in history as being the fastest -30% decline on record.
Many hedge funds struggled in this environment. Some have reported losses of more than 50% for the first quarter of 2020.
Castle Ridge's AI powered Market Neutral strategy does not fall into this bracket.
Since the beginning of the market crash in February, the fund's Market Neutral strategy returned 15.6% before fees or 5.2% on an unlevered basis, outperforming the S&P 500 by more than 25%.

