Monthly Commentary October 2014
Posted on by Granite Hall PartnersThe Appian Fund struggled during an eventful October returning –2.91%. Manager performance across the Wilshire Platform was challenged, and the Fund’s lone positive performer was Long/Short Equity, which outperformed the broader equity markets. Significant drawdowns by the Fund’s two Event Driven (“ED”) managers combined with similar performance from the Relative Value Arbitrage manager produced a […]