Statar Capital returned 3.92% net for March, capping a challenging first quarter that included a return of -9.34% for February and 3.63% for January. The commodity fund's first-quarter return totaled -2.38%. Statar Capital had $2.4 billion in assets under management as of the end of March. The fund has returned 257.36% since its inception in September 2018.
War In Ukraine Continues
In their March letter to investors, which was obtained by ValueWalk, the Statar team noted that Russia's invasion of Ukraine continued in March despite Ukraine's "surprisingly dogged resistance." Although Russian forces seized several southern Ukrainian cities, they did not make any progress on the country's northern side. In fact, Russia started to...



