Rowan Street 3Q21 Commentary: Sells Alibaba And Tencent
Rowan Street commentary for the third quarter ended September 2021. Q3 2021 hedge fund letters, conferences and more Dear Partners and Friends, Rowan Street Performance UpdateRowan Street was down -13% in Q3, causing our fund to decline -9.2% (net) year-to-date as of September 30. This decline is normal and is to be expected, especially after a solid performance year we had in 2020, where our fund outperformed the market by 30% net of fees. We would like to remind all our partners, especially the ones who have recently joined our partnership, that the sole focus of the fund is to compound our ...