Upslope Capital Management’s Q2 2024 Investor Letter

Upslope Capital Management, an investment management firm, released its second-quarter 2024 investor letter. The firm had a promising start in Q2 but ended with difficulties. There was macro and geopolitical uncertainty, and markets were expensive. These have usually been in favor of Upslope's strategy. The fund returned -2.6% (net) in Q2 compared to -3.5 % and +1.7% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. YTD, the fund’s return was +2.8% (net) compared to +6.1% and +5.1% returns, respectively, for the indexes. In addition, you can check the fund's top...