Trident Fund LP performance update for the month ended September 30, 2020.
Q3 2020 hedge fund letters, conferences and more
The Trident Fund LP returned -6.2 percent in September, and the fund is +12.9 percent net year to date.
September volatility pushed Trident offsides on 15 of the 19 markets it trades. While short-term European interest rate markets Euribor and Sterling were profitable, only one other market, natural gas, could claim the same success. The others were whipsawed by several changes in investor risk appetite.
In fact, all other asset classes – stocks, bonds, currencies, and commodities – had difficulty. Moreover, the...


