September 27, 2021
It's no easier to outperform a robust market than a flat or negative one. Look at Europe. While share prices there have broadly risen over the past 12 months, hedge fund managers have struggled to surpass that growth.
Farringdon Capital Management, though, seems to have unlocked the secret. With long holdings in Westwing Group and Pendragon, almost two-thirds of its exposure is to the Consumer Durables sector. Permian Investment Partners, meantime, is placing its bets on Energy, while CapeView Capital takes a more diversified approach, although both these sectors figure prominently in its portfolio.
And as far as Europe-focused funds with positive alpha at the moment, that's the end of the list.