The Trident Fund posted positive returns for August, with its Global Macro strategy up 0.4% and its Global Macro Enhanced share class rising 0.5%.
In a recent note to investors, Jay Feuerstein also announced that he is changing the name of the firm to Gnomon Alpha.
Volatility ahead… but it’s a good thing for the strategy
He said the environment going into the end of the year is setting up "very well" for the fund. Federal Reserve Chair Jerome Powell recently said that the time had come for "policy to adjust," which Feuerstein said means good things for their...