In February Armored Wolf benefitted from the acceleration in commodity prices, which combined with new client additions grew the hedge fund’s assets under management “briskly,” according to a letter to investors reviewed by ValueWalk.
Commodity gains helped fund
The letter, written by Chief Investment Officer John Brynjolfsson, noted February’s Commodity markets reversed January’s weakness and then some. The US dollar was supportive, with a tiny decline, and bond yields declined slightly, thus reducing financing costs....


