Evermore Global Advisors Q3 Investor Letter

New Jersey-based Evermore Global Advisors recently published its Q3 investor letter (you can download a copy below), discussing its performance during the quarter.

The chart below shows performance of the fund’s Institutional Class shares (EVGIX), the HFRX Event Driven Index (HFRX ED), the MSCI All Country World Index ex USA (MSCI ACWI ex USA), the MSCI All Country World Index (MSCI ACWI), and the Morningstar World Stock Category Average for the quarter and nine months ending September 30, 2017.

chart

During the third quarter, the fund bought shares of Emergent Capital and Xperi Corp., while it closed its positions in Marine Harvest ASA, Mutares AG, Nobina AB, and Retail Holdings.

You can download the letter here.