Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Kernow returned 2.3% in August, using broad market volatility to expand its position in CMC Markets. The fund remains net long UK equities at 76% exposure, prioritizing asymmetric contrarian ideas while passing on names with distant cash flow catalysts like Jet2 or limited upside like Rightmove. Tactical preparation is focused on prospective UK budget tax increases.
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Kernow returned 2.3% in August, using broad market volatility to expand its position in CMC Markets. The fund remains net long UK equities at 76% exposure, prioritizing asymmetric contrarian ideas while passing on names with distant cash flow catalysts like Jet2 or limited upside like Rightmove. Tactical preparation is focused on prospective UK budget tax increases.
