In summary…
Aurum’s commingled and bespoke fund of hedge funds $US classes delivered positive returns over Q4 2024, with performance ranging from +2.5% to +5.5%. The Aurum funds notably outperformed global equities and bonds, which were down 1.5%* and 5.1%** respectively, highlighting the defensive, non-correlated positioning of the Aurum portfolios. Multi-strategy, systematic, equity strategies and event driven strategies contributed positively, while macro allocations had different impacts in different Aurum funds results.