- Blue Tower Asset Management provides portfolio management services to individuals, financial advisers, and institutions.
- Our composite delivered a gain of 16.41% net of fees (16.72% gross). In Q1, there was a movement of the market away from the highly valued speculative technology equities back towards “value” stocks.
- While some stocks appear to be trading in a speculative bubble, others can’t seem to catch a bid and trade at extremely low valuations.
- One company operating in a frontier market that recently entered our portfolio is Georgia Capital which we will examine in this letter.
For further details see:
Blue Tower Asset Management Q1 2021 Commentary