- The Bronte Amalthea Fund is a global long/short fund targeting double digit returns over the long term, managed by a performance orientated firm with a process and portfolio that we feel is genuinely different.
- Over the quarter the fund fell 5.97% whereas the globally diverse ACWI (in ) dropped by 12.08%.
- On a top-down view, the short side of the book was profitable in the quarter and we suffered on the long side.
- We think that negative realreturns for investors over the next five years are likely.
For further details see:
Bronte Capital Amalthea Fund March 2022 Fund Letter