Keith Meister Is Keeping Pace With The S&P Despite Its Low Tech Exposure

HFA Padded
Michelle deBoer-Jones
Published on

The Corvex Select Equity Onshore Fund returned 7.8% net for the second quarter, while the Corvex Select Equity Offshore Fund gained 7.7%. For comparison, the S&P 500 Total Return Index returned 8.7% for the second quarter. Year to date, Corvex is up 14.3%. Through the end of July, the Corvex Select Equity Fund is up 20.5% net year to date following a particularly strong month in July. For comparison, the S&P 500 is up 20.6% for the first seven months of 2023. Corvex’s three-year and five-year net annualized rolling returns are 23.5% and 14.4%, respectively, versus the S&P’s three-year and…

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.