Updated
Updated · The Australian Financial Review · Jun 26
Grace Capital Long-Short Australian Equities Fund Gains 7.6% in a Month as ASX 200 Rises 1.8%
Updated
Updated · The Australian Financial Review · Jun 26

Grace 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 26

Summary

  • 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?