Morgan Stanley's multi-manager hedge fund, the Riverview Omni Fund, ended 2022 on a high note.
According to a copy of the fund's fourth-quarter and 2022 letter to investors, which ValueWalk has been able to review, the fund's long/short fundamental equity strategies produce the best returns for the year.
After a profit of 4.98% during the fourth quarter, the equity strategies ended the year up 16.88%.
Q4 2022 hedge fund letters, conferences and more
Equities Trading Yields a Double-digit Return
The top contributing sectors in the equities portfolio were the fund's positions in materials, energy,...