Plenisfer Investments I Destination Value Total Return Fund Commentary Q2 2022

In Short

Q2 2022 commentary on Plenisfer Investments Destination Value Total Return Fund

The second quarter of 2022 was negative for most asset classes: global equity markets experienced the worst quarter since the Covid outbreak and, at the same time, rates were raised dramatically across nearly all developed economies, causing steep losses in fixed-income markets.

Inflation continued to surprise markets on the upside with the latest CPI coming in at 8.6% (year on year) both in the Eurozone and the US, triggering the Fed to hike overnight rates by 75 basis points in June.

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Plenisfer Investments I Destination Value Total Return Fund Commentary Q2 2022
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