Bronte Amalthea Fund’s Q2 2026 Investor Letter

Bronte Capital, an investment management company, released its “Amalthea Fund” second-quarter 2026 investor letter. The Fund posted a 6.49% net return in June, bringing the quarterly returns to 5.12%, compared to 3.17% and 14.48% for the globally diverse MSCI ACWI in ($A), respectively. The outperformance in June was driven by gains in its short positions in materials and energy, while healthcare shorts were a drag. Long positions in DSM Firmenich and Brambles added value, while Amazon...