Blue Tower Asset Management 3Q21 Commentary: Nihon Falcom
Blue Tower Asset Management commentary for the third quarter ended September 2021, providing an investment theses on Nihon Falcom Corporation (TYO:3723). Q3 2021 hedge fund letters, conferences and more The Blue Tower Global Value strategy registered a decline in Q3 of -4.89% net of fees (-4.61% gross). Fears over Covid variants, including the Delta variant, were negatively affecting consumer and investor sentiment. Additional factors were persistent supply chain issues, energy price increases in Europe and Asia, and inflation pressures and labor shortages in the US. One type of company that i...