Both Alpha Funds provided positive returns in Q3 with positive contributions from all three core active strategies and very small beta exposure to traditional stocks and bonds as measured by our analysis of daily portfolio returns.

The third quarter of 2023 saw re-emerged interest rate volatility as continued strong economic numbers reinforced a “higher for longer” expectation for central bank policy.

The third quarter of 2023 saw re-emerged interest rate volatility as continued strong economic numbers reinforced a “higher for longer” expectation for central bank policy.