RGA 3Q21 Commentary: Looking Inward And Looking Westward
RGA Investment Advisors commentary for the third quarter ended September 2021, titled, “looking inward and looking westward.” Q3 2021 hedge fund letters, conferences and more The third quarter concluded with the worst month for equity markets since March 2020. That said, the month of September was hardly worth comparing to the peak of the COVID-19 induced panic. We underperformed markets during the quarter, and one adverse event in a portfolio company inflicted more pain than markets at large. We spent considerable time reflecting on this situation, which is further discussed below. While our ...