Verrazzano Finds European Investing Challanging

After posting a slight loss in September, the Verrazzano's European Focus Fund ended the month holding on to a 5.18 year to date gain.  The European Opportunities Fund, with a more neutral long / short ratio, was up slightly in September and hangs on to a 1.38 percent year to date gain, according to a letter to investors reviewed by ValueWalk.

Verrazzano: US market hit a new all time high

As if nostalgic, CIO Gullaume Rambourg and co-Portfolio Manager Karim Moussalem observed the US market hit a new all time high on the 18th, a day when Facebook Inc (NASDAQ:FB)’s market cap surpassed the $200 billion mark and Goldman’s upgraded its short-term view on global equities. What happened, they write,...