Tantallon Asia Impact Fund Report, March 2024
The Tantallon Asia Impact Fund closed up +2.99% in March with markets shrugging off recession headlines, escalating geo-political and trade tensions, rising energy prices, mounting risks of competitive devaluations, and a significant re-set along the yield curve to reflect much more moderate expectations of Fed easing in 2024.
Volatility notwithstanding, the broad rally in risk-assets globally is a stand-out feature for the quarter.