Investment management company Curreen Capital released its fourth quarter 2024 Investor letter. In the fourth quarter, the fund returned 5.71% compared to 2.41% for the S&P 500 Index and -0.09% return for the MSCI World (US Gross). In 2024, the fund returned 7.72% underperforming 25.05% and 19.02% returns for the indexes. The firm believes that the underperformance in 2024 was affected by the same problems that affected the fund’s performance since late 2022. The stock market has taken longer time than the firm expected to acknowledge its undervalued ugly ducklings, despite the fact that...
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.