Statar Capital Is Still Enjoying A Healthy YTD Return Despite June Setbacks [Exclusive]

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Michelle deBoer-Jones
Published on
Updated on

Statar Capital generated a net return of 0.21% for June, bringing its year-to-date return to 23.72% for 2022. Since its inception, the commodity fund has generated a return of 352.88%. Statar Capital has $3.5 billion in assets under management.

The fund reported a daily correlation of -0.04 to the S&P 500 and 0.04 to the Bloomberg Commodity Index. Its daily correlation to the HFR Macro/ CTA Index stands at zero.

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In their June letter to investors, which was obtained by ValueWalk, the Statar team noted that significant events on both sides of the Atlantic shook...

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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.