L1 Long Short Fund Limited

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Annual Reports

Annual Report 2019

Annual Report 2019

It has been an eventful year for equity markets, given the U.S/China Trade War, the potential for a ‘hard Brexit’ and a surprise election victory for Australia’s Coalition Government. The collapse in global interest rates has also precipitated a dramatic outperformance of ‘bond proxies’ and ‘growth’ stocks, given their long duration attributes.

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