Q2 Portfolio Update.pdf

2021 Q2.pdf
Preview of Q2 Portfolio Update
🔗 Source: static1.squarespace.com
📊 Size: 51 KB
📄 Pages: 3 pages
⬇️ Downloads: 66

Summary

Blue Tower Asset Management's Global Value strategy composite gained 13.03% net of fees in Q2, adding to its significant Q1 gain. The portfolio companies, including Cornerstone Building Brands and TCS Group, reported strong results. Cornerstone sold its Integrated Metal Panels business for $1 billion, which appears to be accretive for the company's value. TCS Group's stock price increased 166% in the first half of 2021, justified by its high earnings multiple, growing competitive advantages, and improving corporate governance.

Description

Blue Tower Asset Management's Global Value strategy composite gained 13.03% net of fees in Q2, adding to its significant Q1 gain.

Technical Information

  • File Format: PDF
  • File Size: 51 KB
  • Pages: 3
  • Language: EN
  • Total Downloads: 66
  • Last Updated: 1 month ago

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