Ace River Capital, an investment management company, released its second-quarter 2024 investor letter. The fund returned -14.05% in the second quarter, compared to 4.25% and 5.19% returns for the S&P 500 (SPX) and the Russell 2000 (RTY) respectively. The fund returned -22.99% for the full year compared to 16.92% and 8.44% for the indexes. The firm's goal is to maintain a focused portfolio of small and micro-cap companies with distinct advantages and growth potential within their respective sectors. In addition, you can check the fund's top 5 holdings to determine its best picks for...
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