Value focused hedge fund Acacia Capital ended 2019 on a high note thanks, in part, to its holdings of British stocks.

The hedge fund returned 7.13% net in the fourth quarter of 2019. That's compared to 9.07% for the S&P 500 and 8.56% for the MSCI World Index. Over the year, the firm returned 14.2% net to partners, compared to 27.7% for the MSCI World.
Acacia started 2019 with a 26.4% cash position, and the average monthly cash position of the...

