The latest update is out from L1 Long Short Fund Ltd. ( (AU:LSF) ).
The L1 Long Short Fund reported a 1.3% return for the March quarter, outperforming the S&P/ASX 200 Accumulation Index, which fell by 2.8%. Despite global market volatility driven by inflation concerns, trade tensions, and geopolitical issues, the fund’s strategic positioning in defensive sectors and stock-specific gains contributed to its positive performance. The fund anticipates continued market volatility and plans to capitalize on stock mispricings, with a focus on value-oriented investments.
More about L1 Long Short Fund Ltd.
L1 Long Short Fund Ltd. operates in the financial services industry, focusing on investment management through a long-short equity strategy. The company aims to generate positive returns by exploiting market inefficiencies and mispricings, with a particular emphasis on infrastructure, gold, and ‘Quality Value’ stocks.
YTD Price Performance: -7.75%
Average Trading Volume: 524,848
Technical Sentiment Signal: Hold
For an in-depth examination of LSF stock, go to TipRanks’ Stock Analysis page.