In the second quarter of 2024, Meridian Funds managed by ArrowMark Partners reported a 0.92% net appreciation in their Hedged Equity Fund, which fell short of the S&P 500 Index's 4.28% return. This performance reflects the ongoing challenges in the hedged equity strategy as it attempts to balance risk with potential returns while navigating fluctuating market conditions.
Despite struggling against both the primary benchmark, the S&P 500 Index, and the secondary benchmark, CBOE S&P 500 BuyWrite Index, Meridian's Hedged Equity Fund remains committed to its investment strategy focused on risk mitigation and long-term growth. The management indicated a careful review of market dynamics to enhance future performance, suggesting potential adjustments in their investment approach.
Collection
[
|
...
]