2 of World’s Top Funds in 2018 per Bloomberg
“As the dust settles on a troubled year for hedge funds, some managers escaped the wreckage and even thrived.” Read More»
This Is It – March 23 Investor Letter
Many of you understandably have been asking for more frequent performance and positioning updates now that we are in a bona fide financial crisis. Read More»
Crescat’s Precious Metals SMA Up 60.9% Net of Fees in 2019
Gold and silver stocks are cheap while growth prospects have never been better. After a pullback in 2020, the macro case for precious metals remains intact. See Details Here>>
Crescat is a global macro asset management firm. Our mission is to grow and protect wealth over the long term. We deploy tactical investment themes based on proprietary value-driven equity and macro models. Our goal is industry leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. We apply our investment process across a mix of asset classes and strategies to assist with each client’s unique needs and objectives:
Crescat Global Macro: Our flagship hedge fund invests long and short around the world to take advantage of opportunities in any asset class. The strategy exploits both cyclical and secular macro themes throughout global equity, commodity, currency, and fixed income markets.
Crescat Long/Short: The cure for the common index fund. Guided by our time-tested, fundamental stock-scoring model and macro themes, our equity-only hedge fund is all about delivering alpha from long and short stock picking combined with intrepid navigation of the business cycle. This fund can be tactically net short in highly over-valued markets ahead of probable economic downturns.
Crescat Large Cap: An actively managed portfolio of global large cap equities. Crescat’s longest running strategy has outperformed the S&P 500 over the long term through multiple business cycles. It is a long-only, separately managed account (SMA) strategy. In extreme times, this strategy can hold up to 50% cash and precious metals to protect against expected macro downturns.
Crescat Precious Metals: A core macro asset class for a variety of economic conditions. Offers strong appreciation potential during both inflationary and recessionary environments. We navigate the precious metals cycle through this long-only SMA strategy focused on a well-researched portfolio of global all-cap gold and silver mining equities. Precious metals securities offer healthy long-term total return prospects with low correlation to more highly trafficked asset classes.