Blue Tower Asset Management, an asset management company, released its third-quarter 2024 investor letter. Blue Tower Asset Management's Global Value strategy returned 8.80% in Q3 (9.08% gross) driven by the strong performance of the fund’s largest position, Enova (NYSE: ENVA), which gained 34.6%. Reduced interest rates tend to positively impact most stocks, and are particularly advantageous for the portfolio, which has primarily invested in companies with smaller market capitalizations over the years. In addition, please check the fund’s top five holdings to know its best picks in...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.