As Bloomberg recently reported, H2O Asset Management has emerged as one of the first victims of the markets’ recent volatility after three of its funds, some of the most lucrative throughout 2019, have fallen significantly.
These three funds manage roughly $2.6 billion combined. According to Bloomberg, H2O’s Vivace strategy (a global macro fund) fell about 29%; its Allegro strategy dropped 19%; and its MultiReturns fund fell approximately 17%. In 2019, H2O’s funds were some of the best performing in Europe.
If you are an investor who lost money in one of these funds, you should consider discussing the issue with competent legal counsel. If you would like to discuss your situation and potential for recovery of any investment losses, please contact us for an evaluation of your potential case.