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Updated · The Australian Financial Review · Jun 26Grace Capital Long-Short Australian Equities Fund Gains 7.6% in a Month as ASX 200 Rises 1.8%
1 articles · Updated · The Australian Financial Review · Jun 26Summary
- 7.6% monthly growth put Grace Capital's Long-Short Australian Equities Fund well ahead of the S&P/ASX 200, which rose 1.8% over the same period.
- Marcus Vance, Grace Capital's chief investment officer, framed the result in his monthly investor update as a period of unusually rapid market change.
- The outperformance highlights a sharp gap between the fund's returns and the broader Australian share market over the past month.
Insights
As passive funds create a potential 'bubble,' how can active managers find true value in Australia's volatile market? Is a long-short strategy now essential for protecting and growing Australian equity portfolios in this concentrated market? With major stocks overvalued, what de-rated quality companies offer the best opportunities for savvy investors right now?