Home Equity Contracts 2020 Strategy Recap
The following article provides an annual update for year-end 2020 and an overview of the Kingsbridge Alternative Strategies Fund (KASF), which invests exclusively in Home Equity Contracts (HECs) We begin by providing the latest update on the Fund’s performance as of December 31st, 2020, including the net returns generated, as well as the growth of the Fund’s portfolio in terms of both the number of active HECs and the Fund’s assets under management (AUM). We explain why HECs have continued to perform well for investors in 2020 despite the coronavirus pandemic, and highlight the following investment attributes: Rising [...]