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Weekly Market Outlook October 9, 2016

Weekly Market Outlook: Pfäffikon SZ, Switzerland – Unrest around the British pound resulted in a nervous mood. A so-called “flash crash” pushed the pound against the dollar to its lowest level in 31 years. The fact is that the short-term effects of the Brexit get more shape now prime minister May is showing a tough […]

Counterparty Risk

Pfäffikon SZ, Switzerland – As before, the financial world is again quite moving. On the one hand Nationale Nederlanden (NN) is trying to acquire rival Delta Lloyd at a bargain price, and on the other hand, Deutsche Bank is fighting for survival. The insane interest rate policies of central bankers are bringing several banks in […]

Newsletter Thirteen Diversified Fund September 2016

NAV September 2016: + 9,87% NAV Year to Date: – 39,29% NAV Year over Year: – 34,50% NAV Sinds Oprichting: – 40,62% Waarde Participatie: 59,38% Markten: De wispelturige maand september bracht beleggers niet van de wijs. Tegenvallende financiële data evenmin. De bedrijvigheid van de Amerikaanse industrie kromp in augustus opnieuw. De inkoopmanagersindex daalde van 52,6 […]

Newsletter Thirteen Diversified Fund September 2016

NAV September 2016: + 9.87% NAV Year to Date: – 39.29% NAV Year over Year: – 34.50% NAV since inception: -40.62% Value participation: 59.38% Markets The fickle month of September did not put off investors. Disappointing financial data neither. Economic activity of the U.S. industry shrank again in August. The purchasing managers’ index fell from […]