Bleak year for Regal as returns in signature funds plunge 25pc

Original article by Kylar Loussikian
The Australian – Page: 13 & 14 : 10-Jan-17

Regal Funds Management delivered disappointing returns for investors during the first 11 months of calendar 2016. Its Long Short Australian Equity Fund achieved a return of negative 7.37 per cent, while the Tasman Market Neutral Fund posted a return of negative 25.5 per cent. In contrast, the S&P/ASX 200 Accumulation Index posted a gain of more than seven per cent over the same period. Stocks held by Regal funds that underperformed in 2016 include Estia Health and Syrah Resources.

CORPORATES
REGAL FUNDS MANAGEMENT PTY LTD, STANDARD AND POOR’S ASX ACCUMULATION INDEX, ESTIA HEALTH LIMITED – ASX EHE, SYRAH RESOURCES LIMITED – ASX SYR, GREENCROSS LIMITED – ASX GXL, AUSTRALIANSUPER PTY LTD, TRIBECA INVESTMENT PARTNERS PTY LTD

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