Alphyn Capital was down 2.7% for the second quarter, bringing its year-to-date return to 4.2%. The S&P 500 Total Return Index gained 4.3% for the second quarter and is up 15.3% year to date. Over the last year, Alphyn has gained 16.3%.
Changes underway
In his second-quarter letter to investors, Samer Hakoura said the portfolio's returns have...