Highlights of our just-posted March edition include:
- Three essays on why Artisan Small Cap Value and FPA Crescent are exiting my portfolio, and why Seafarer Overseas Growth & Income is not.
- Ed’s meditations on the weather and the Countess, at life on the cusp of a liquidity crisis and the bots who are going to replace your banker, broker and manager.
- Leigh Walzer talks, briefly, about low vol / high dividend strategies.
- Charles offers some updates on new features unveiled on the MFO Premium site, including a redesigned interface.
- The French unleash another mutual fund that invests exclusively in bottles of fine wine.
- An Elevator Talk with Jim Robinson, manager of Robinson Tax-Advantaged Income (ROBAX) which combines a steady stream of tax-free income, an interest rate hedge and minimal credit risk. Oh, had we mentioned the closed-end fund arbitrage piece of the strategy?
- Profile of LS Opportunity Fund (LSOFX), a really solid long/short fund that had to hit the reset button in a major way last May when its advisor decided to wrap up his long career and wind down his firm. They did well.
- Profile of Royce Global Financial Services (RYFSX), a fund we first profiled in the midst of the 2008 meltdown. We argued that they were very different and that those differences would make a difference. We were right and we thought we’d revisit the fund.
It’s all complemented by updates from our colleagues at DailyAlts (alt funds are joining the liquidation party), three dozen manager changes including two really major ones, our usual host of new names, liquidated funds and small victories.
David
